WASHINGTON, July 10 (Reuters) -
The U.S. antitrust enforcers greenlit T-Mobile's
$4.4 billion acquisition of UScellular on Thursday,
saying that while consolidation among cell carriers is
concerning, UScellular customers would get more reliable service
from the deal.
Gail Slater, head of the U.S. Department of Justice's
antitrust division, said in a statement that the DOJ is closing
its investigation without seeking to block the merger.
"UScellular's inability to maintain its competitive position
would result in declining value to its subscriber base, whereas
the transaction offers them hope that they will be able to
experience the benefits of a more robust cellular network,"
Slater said in a statement.