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.
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 ...
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 ...
US Cellular sells part of its spectrum licenses to Verizon for $1.0 billion, aligning with their plan to monetize unused spectrum and T-Mobile sale.
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