T-Mobile and Verizon in talks to buy U.S. Cellular

T-Mobile and Verizon Communications are in talks to buy parts of United States Cellular, a regional telecom operator in the US, in separate transactions, the Wall Street Journal reported.
T-Mobile is aiming to buy a part of U.S. Cellular for more than $2 billion, taking over some operations and wireless spectrum licenses.

Verizon’s talks with the regional carrier are expected to take longer and might not result in an agreement.