financetom
Technology
financetom
/
Technology
/
US FCC approves two T-Mobile deals after wireless carrier drops DEI programs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FCC approves two T-Mobile deals after wireless carrier drops DEI programs
Jul 11, 2025 2:56 PM

WASHINGTON, July 11 (Reuters) -

The U.S. Federal Communications Commission has approved two

T-Mobile deals that would expand the wireless carrier's

network, the commission said on Friday, after the company ended

its diversity, equity and inclusion programs under pressure from

President Donald Trump's administration.

T-Mobile was allowed to buy almost all of regional

carrier United States Cellular's ( USM ) wireless operations including

customers, stores and 30% of its spectrum assets in a deal

valued at $4.4 billion.

In a separate transaction, T-Mobile was given a green

light to acquire internet service provider Metronet, which

reaches more than 2 million homes and businesses in 17 states.

T-Mobile said in a letter to FCC Chair Brendan Carr made

public on Wednesday that the company is ending its DEI-related

policies "not just in name, but in substance."

In January, Trump issued sweeping executive orders to

dismantle U.S. government DEI programs, and pressured the

private sector to join the initiative.

U.S. antitrust enforcers

approved

T-Mobile's UScellular deal on Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
THL Partners to buy majority stake in semiconductor software firm AMI
THL Partners to buy majority stake in semiconductor software firm AMI
Sep 9, 2024
NEW YORK, Sept 9 (Reuters) - Private equity firm THL Partners on Monday agreed to acquire a majority stake in AMI , in a deal that people familiar with the matter said valued the provider of semiconductor software at roughly $600 million. The deal is expected to close in autumn this year, according to a statement seen by Reuters. THL...
Investor Daventry Group, in letter, calls on Kinaxis to sell itself
Investor Daventry Group, in letter, calls on Kinaxis to sell itself
Sep 9, 2024
NEW YORK, Sept 9 (Reuters) - Investment firm Daventry Group has urged Kinaxis ( KXSCF ) to put itself up for sale, calling the Canadian software company a high quality asset that many buyers would pay a healthy premium to own. Daventry, which has been an investor in Kinaxis ( KXSCF ) since March 2021, told the board of directors...
Progress to buy Cloud Software unit ShareFile for $875 million
Progress to buy Cloud Software unit ShareFile for $875 million
Sep 9, 2024
(Reuters) - Progress Software ( PRGS ) said on Monday it would buy Cloud Software Group's unit ShareFile for about $875 million, as the AI-powered software firm looks to boost its enterprise product portfolio. The transaction is expected to close within Progress' fiscal year ending Nov. 30. ShareFile, launched in 2005 by Jesse Lipson, uses advanced encryption methods when sending...
Liberty Global to complete Sunrise spin-off in Q4
Liberty Global to complete Sunrise spin-off in Q4
Sep 9, 2024
ZURICH, Sept 9 (Reuters) - Liberty Global ( LBTYA ) will spin off its Swiss telecoms operator Sunrise to shareholders in the fourth quarter of 2024, it said on Monday. Liberty Global ( LBTYA ), set up by U.S. cable pioneer John Malone, had previously said it would spin off Sunrise on the SIX Swiss Exchange in the second half...
Copyright 2023-2026 - www.financetom.com All Rights Reserved