United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone ...
The transaction is part of the regional wireless carrier's strategy to monetize its spectrum assets that were not part of the ...
If the deals close as expected, US Cellular will have reached agreements to monetize about 70% of its total spectrum holdings ...
UScellular (NYSE: USM) sells spectrum licenses to AT&T for $1.018 billion, aligning with strategy to capitalize on assets.
Last month, U.S. Cellular agreed to sell select spectrum licenses for $1 billion to Verizon. It also signed deals with two other mobile network operators, but did not disclose the details.
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. About Dow Jones ...