US Cellular Sells Spectrum Licenses to AT&T for $1 Billion

Reported 18 days ago

US Cellular has agreed to sell a portion of its spectrum licenses to AT&T for $1.02 billion as part of its strategy to monetize spectrum assets not included in its previous sale to T-Mobile. This follows an earlier agreement to sell spectrum to Verizon and marks a significant move in U.S. Cellular's plan to optimize its wireless operations.

Source: YAHOO

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