U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon VZ0.13%increase; green up pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn ...
US Cellular controls one of the largest tower businesses in the US. It will still hold some spectrum if the deals close, and is continuing to “opportunistically monetize these retained assets ...
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.
Dish Network's parent company isn't giving up trying to use the 12GHz radio spectrum for a 5G service, despite concerns from SpaceX that doing so risks crippling Starlink access in the US. "The ...