As UScellular proceeds with a proposed $4.4 billion acquisition of its wireless operations by T-Mobile US—which would essentially turn the mobile network operator into an infrastructure company—the ...
green up pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn’t included in the proposed sale to T-Mobile TMUS-2.86%decrease; red down pointing triangle.
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.
United States Cellular plans to sell 12 million MHz POPs of its spectrum licenses in the CBRS, C-Band, and 700 MHz B/C Block bands to two other mobile network operators. These deals are subject to ...