T-Mobile announced on Tuesday that it agreed to acquire "substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion.&nbsp;

Under the deal, T-Mobile will acquire all of U.S. Cellular’s wireless customers and stores. The deal also includes up to $2 billion in debt.&nbsp;

T-Mobile said the deal would "create a much-needed choice for wireless in areas with expensive and limited plans from AT&amp;T and Verizon, and for those that have been limited to one or no options for home broadband connectivity."

T-Mobile CEO Mike Sievert said customers of the two wireless carriers "will get more coverage and more capacity from our combined footprint."

<i>This is a developing story. Check back for updates.</i>

T-Mobile announced on Tuesday that it agreed to acquire “substantially all" of U.S. Cellular’s wireless operations in a deal valued at $4.4 billion, including debt.{ai:summary}<p>T-Mobile agrees to buy U.S. Cellular's wireless operations for $4.4 billion. Deal includes all customers, stores, and up to $2 billion in debt. #economy</p>

T-Mobile to acquire most of US Cellular's assets in $4.4B deal

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