The DOJ and FCC have both approved T-Mobile’s $4.4 billion acquisition of most of US Cellular, with no major conditions or safeguards imposed. T-Mobile will gain US Cellular’s customers, stores, and spectrum, while US Cellular will keep its towers and focus on leasing them out.

The Federal Communications Commission cleared T-Mobile US Inc. to acquire much of the wireless business of US Cellular Corp and some of its network infrastructure.

Mobile's $4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach to corporate consolidation than its predecessor.