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.
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.
(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 Corporation USM recently inked a definitive agreement with Verizon Communication, Inc. VZ to divest a portion ...
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.