The telecom company says it is continuing to cash in on spectrum not included in its proposed sale to T-Mobile.
U.S. Cellular entered an agreement to sell a portion of its retained spectrum licenses to Verizon for $1 billion in cash.
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While U.S. Cellular awaits its pending sale to T-Mobile to close, the Chicago-based company has agreed to sell selected ...
This compares to the stock's 4.1% gain over the past four weeks. U.S. Cellular has inked a definitive agreement with Verizon Communications Inc. to divest a portion of its spectrum licenses for a ...
U.S. Cellular's stock climbed 11% midday Friday. "U.S. Cellular Shares Climb 14% on Deals for Spectrum Assets," at 11:17 a.m. ET, misstated the percentage change in the headline.
The telecom market has been in flux in 2024 as T-Mobile plans to buy U.S. Cellular for $4.4 billion and Verizon buys Frontier Communications for $20 billion. Ahead of the U.S. Cellular/T-Mobile ...
U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon VZ0.13%increase; green up pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn ...
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 is selling a portion of its retained spectrum licenses to Verizon for $1 billion in cash as it looks to monetize the spectrum that wasn't included in the proposed sale to T-Mobile.
(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.