US Cellular (USM) said Friday it has agreed to sell some of its spectrum licenses to telecommunications giant Verizon Communications (VZ) for $1 billion in cash, subject to potential adjustments. The ...
These deals are subject to regulatory approval and customary closing conditions, though the buyers and terms remain undisclosed. After these transactions, US Cellular will retain 3.4 billion MHz ...
US Cellular controls one of the largest tower businesses in the US. It will still hold some spectrum if the deals close, and is continuing to “opportunistically monetize these retained assets ...
US Cellular has written to the FCC stating that a T-Mobile buyout is essential for its survival. The acquisition will allow US Cellular customers to either switch to T-Mobile’s lower-cost plans ...
(Reuters) - United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal. U.S. Cellular's shares jumped 3.9% in trading before the bell.
In the letter, US Cellular has explained why it wants T-Mobile to acquire its wireless operations. The letter also mentions key details discussed during a meeting held on October 1 between top ...
Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion as the tower operator sheds parts of its portfolio.