United States Cellular plans to sell its wireless operations and 30% of its spectrum to T-Mobile for $4.4 billion, exiting the wireless business by mid-2025. U.S. Cellular will retain 70% of its ...
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.
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 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.