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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 […]

Verizon buys $1 billion of spectrum from US Cellular


Verizon buys  billion of spectrum from US Cellular

(Bloomberg) — Verizon Communications Inc., the largest wireless carrier in the U.S., will acquire some of U.S. Cellular Corp.'s spectrum licenses. buy for $1 billion as the tower operator sells off parts of its portfolio. Most read by Bloomberg The transaction and agreements with two other wireless carriers are contingent on the completion of an […]