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.
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,
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
US Cellular to sell spectrum assets to Verizon for $1 billion
While U.S. Cellular awaits its pending sale to T-Mobile to close, the Chicago-based company has agreed to sell selected spectrum licenses for $1 billion.
CRN20h
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 ...
PCMag on MSN8d
AST SpaceMobile Details How Its Cellular Satellite Service Will Work
An updated presentation says users will receive a pop-up about connecting to satellites the moment they're outside of ...
RCR Wireless News20h
Kagan: What is Private Shared Wireless Network and why you should care?
Sometimes, a shared network is built by several vendors; sometimes, it's sold to companies the same way public wireless networks or data networks are.
Here’s how SIM swap in alleged bitcoin pump-and-dump scheme worked
US officials charged a man with compromising the official Twitter/X account of the Securities and Exchange Commission for ...
Next-gen 6G cellular networks may be 9,000 times faster than 5G
New reports suggest that next-generation 6G networks could offer speeds up to 9,000 times faster than current 5G tech.
labiotech1d
Turning back time with cellular reprogramming: Shift raises $16 million in seed funding
As Shift Bioscience raises $16 million in seed funding, delve into the field of cellular reprogramming to tackle age-related ...
Here’s How to Send Texts on an iPhone Even if You Lose Cellular Service
All iPhone 14 and later models can connect via satellite, but your phone must be updated to the latest software, iOS 18.
Zacks.com on MSN2d
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 ...