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Tag: United States Cellular Corporation

US Cellular is up 10% and TDS is up 18% today with a $1 billion Verizon Spectrum deal

Posted on | Posted on angela | Leave a Comment on US Cellular is up 10% and TDS is up 18% today with a $1 billion Verizon Spectrum deal
US Cellular is up 10% and TDS is up 18% today with a billion Verizon Spectrum deal

In a strategic move to unlock value from its spectrum portfolio, United States Cellular Corporation (NYSE:USM) announced agreements to sell portions of its remaining spectrum licenses to Verizon Communications Inc. (VZ) for a total of $1 billion. The deal includes 663 million MHz POPs of the 850 MHz spectrum as well as AWS and PCS […]