U.S. Cellular entered an agreement to sell a portion of its retained spectrum licenses to Verizon for $1 billion in cash.
United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal.
The telecom company says it is continuing to cash in on spectrum not included in its proposed sale to T-Mobile.
Divestiture of spectrum holdings will improve U.S. Cellular's liquidity position, reduce debt burden and propel investment in ...
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.
United States Cellular (USM) shares ended the last trading session 7.2% higher at $62.95. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the ...
(Reuters) - United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 ...
While U.S. Cellular awaits its pending sale to T-Mobile to close, the Chicago-based company has agreed to sell selected spectrum licenses for $1 billion. While United States Cellular Corp. awaits ...
U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon VZ-0.14%decrease; red down pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn ...
(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.
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.