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U.S. Cellular's announcement last week that it said no to Apple's (NAS: AAPL) offer to sell the iPhone came as something of a shock. What carrier, at this point in time, says no to the iPhone, a ...
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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.
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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.
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 (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). The company was formed in 1983 and is headquartered in Chicago, Illinois.
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