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(Reuters) - 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.

U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon VZ0.22%increase; green up pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn ...

U.S. Cellular agreed to sell a portion of its retained spectrum licenses to AT&T for a consideration of $1.02 billion. Chicago-based U.S. Cellular, which caters mostly to rural customers across ...

Telephone and Data Systems, Inc. (NYSE:TDS), as the 82% majority shareholder of US Cellular, has provided written consent approving the Verizon transaction. Apart from this, the company has ...

CHICAGO (AP) — CHICAGO (AP) — United States Cellular Corp. (USM) on Friday reported a loss of $79 million in its third quarter. On a per-share basis, the Chicago-based company said it had a ...

Wells Fargo raised the firm’s price target on U.S. Cellular (USM) to $85 from $75 and keeps an Overweight rating on the shares. The firm is encouraged by the company’s ability to monetize ...

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. While United States Cellular Corp. awaits ...

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.