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.

Gifting allows recipients to access the article for free. US Cellular Corp. agreed to sell some spectrum assets to AT&T Corp.

UScellular (NYSE: USM) sells spectrum licenses to AT&T for $1.018 billion, aligning with strategy to capitalize on assets.

U.S. Cellular agreed to sell a portion of its retained spectrum licenses to AT&T for a consideration of $1.02 billion. Chicago-based U.S. Cellular, which caters mostly to rural customers across ...

“With this deal T-Mobile can extend the superior Un-carrier value and experiences that we’re famous for to millions of US Cellular customers and deliver them lower-priced, value-packed plans ...

The telecom market has been in flux in 2024 as T-Mobile plans to buy U.S. Cellular for $4.4 billion and Verizon buys Frontier Communications for $20 billion. Ahead of the U.S. Cellular/T-Mobile ...

Raymond James analyst Ric Prentiss upgraded U.S. Cellular (USM) to Outperform from Market Perform with an $86 price target Following the results of the 2024 Presidential election, the firm sees ...

Wells Fargo raised the firm’s price target on U.S. Cellular (USM) to $85 from $75 and keeps an Overweight rating on the shares. The firm is encouraged by the company’s ability to monetize ...