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In May, U.S. Cellular entered into an agreement with T-Mobile to sell almost all of its wireless operations including customers, stores and 30% of its spectrum assets in a deal valued at $4.4 billion.
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Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the four major cellular carriers in the country—AT&T Mobility, Boost Mobile, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
United States Cellular Corporation (doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. Its stock is publicly traded, but Telephone and Data Systems Inc. owns a controlling stake (83% economic and 96% voting power).
T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry. T-Mobile would get more than 4 million ...
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 ...
The deal has been unanimously approved by the boards of United States Cellular Corp. and Telephone and Data Systems Inc, which is a majority shareholder of U.S. Cellular. It is expected to close in mid-2025. Shares of U.S. Cellular jumped 13% before the opening bell Tuesday. Shares of T-Mobile are flat. 05/28/2024 12:04 -0400
This page was last edited on 23 October 2024, at 20:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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