US Cellular to sell spectrum assets to Verizon
US Cellular to sell select spectrum assets to Verizon for $1 billion
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. The company will sell portion of its spectrum licenses used for mobile phone signals and high-speed data services to Verizon.
US Cellular Sells Key Spectrum Licenses To Verizon In $1B Deal
United States Cellular Corporation (NYSE:USM) shares are trading higher on Friday after the company agreed to sell part of its retained spectrum licenses to Verizon Communications Inc. (NYSE:VZ) for $1.
Verizon to Buy $1 Billion of Spectrum Assets From US Cellular
Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion as the tower operator sheds parts of its portfolio.
Verizon to Buy $1 Billion in Spectrum From US Cellular
Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion as the tower operator sheds parts of its portfolio. Most Read from BloombergA Broken Oil Pipeline Plunges South Sudan’s Capital Into ChaosInside the ‘Utopias’ of Mexico CityCities Look to AI to Flag Residents’ Trash and Recycling MistakesOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedChicago Should Consider Furloughs,
U.S. Cellular Shares Climb 11% on Deals for Spectrum Assets
Shares of U.S. Cellular rose after it agreed to sell a portion of its spectrum assets to Verizon for $1 billion. U.S. Cellular's stock climbed 11%, to $64.92, midday Friday. Shares are up 56% year to date.
US Cellular to sell select spectrum assets to Verizon for $1 bln
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 to Sell Certain Spectrum Licenses to Verizon in $1 Billion Deal
U.S. Cellular entered an agreement to sell a portion of its retained spectrum licenses to Verizon for $1 billion in cash.
M&A News: Verizon (NYSE:VZ) Will Pay $1B to Buy Spectrum from U.S. Cellular
Shares of mobile provider Verizon ($VZ) are slightly higher in today’s trading after announcing that it will shell out $1 billion to purchase
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