Even more so, last month, US Cellular agreed to sell some of the spectrum licenses to Verizon for $1 billion. Yet, Laurent Therivel, the CEO of US Cellular said that the latest agreement “adds a fourth mobile network operator, in addition to T-Mobile, to the list of those whose subscribers will benefit from the sale of our spectrum licenses,".
This includes the T-Mobile possible transaction, with the U.S Cellular. In this agreement, the US Celluar has agreed to monetize 70% of the total spectrum holdings this excludes high-frequency mmWave spectrum.
United States Cellular Corporation is an American multinational that was founded in 1983 and has its headquarters in Chicago, Illinois. It is one of the biggest wireless carriers in the United States and has over 4.5 million subscribers in 21 states. The company’s shares grew with 4% reaching $47.77 in premarket trading.
.webp)
