T-Mobile to buy Shentel wireless assets for $1.95 billion

T-Mobile and Shenandoah Telecommunications Company (Shentel) settled their dispute over the purchase price of Shentel’s wireless assets, with the final price coming in at $1.95 billion. Shentel was a Sprint affiliate since 1995 and was still using the Sprint brand post-merger. Shentel had about 1.1 million subscribers as of June 30, 2020. Shentel also offers cable and wireline services. T-Mobile and Shentel expect the transaction will close in the second quarter 2021 after satisfying customary closing conditions and obtaining required regulatory approvals.