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.
US Cellular to Sell Certain Spectrum Licenses to Verizon for $1 Billion
US Cellular (USM) said Friday it has agreed to sell some of its spectrum licenses to telecommunications giant Verizon Communications (VZ) for $1 billion in cash, subject to potential adjustments. The tower operator is also selling certain spectrum licenses to two other mobile network operators.
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,
US Cellular to sell spectrum assets to Verizon for $1 billion
US Cellular will also sell 12 million MHz POPs of its spectrum licenses across the CBRS, C-Band and 700 MHz B/C Block bands to two additional mobile network operators. The buyers and terms of ...
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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US Cellular Surges 10% and TDS Jumps 18% Today With a $1 Billion Verizon Spectrum Deal
In addition, US Cellular disclosed plans to offload 12 million MHz POPs across the CBRS, C-Band, and 700 MHz B/C Block bands to two other undisclosed mobile network operators, as part of its ...
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Fixed Wireless, Private Networks Making Verizon 'Stronger' Than The Competition: CEO
Telecom giant Verizon's pending $20 billion Frontier Communications acquisition and its recently acquired spectrum from U.S ...
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US Cellular to sell select spectrum assets to Verizon for $1bln
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 ...
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U.S. Cellular (USM) Surges 7.2%: Is This an Indication of Further Gains?
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 ...
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