T-Mobile to acquire Vistar Media for $600 Million to bolster advertising business

Jan 13 (Reuters) – T-Mobile US said on Monday it has agreed to acquire Vistar Media, a real-time outdoor advertising technology provider, for about $600 million, in an all-cash deal.

The deal would strengthen the telecom provider’s advertising business by giving a foothold in the digital out-of-home (DOOH) advertising market, as brands transition from static billboards to more creative and engaging digital screens.

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