U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon for $1 billion in cash as it looks to monetize the spectrum that wasn’t included in the proposed sale to T-Mobile.
Verizon Communications stock was falling after the company posted third-quarter revenue that slightly missed analysts’ expectations because of a decline in wireless equipment sales. Verizon ...
Verizon wireless subscriber growth in the second quarter helped to offset declines in enterprise and SMB sales as the carrier battled the effects of the COVID-19 pandemic, Verizon CEO Hans ...
The telecom market has been in flux in 2024 as T-Mobile plans to buy U.S. Cellular for $4.4 billion and Verizon buys Frontier Communications for $20 billion. Ahead of the U.S. Cellular/T-Mobile ...
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.
Verizon also recently acquired a slice of US Cellular’s licenses for $1 billion ... For the average consumer, these sales reflect a larger shift in the telecom market. With regional players ...