UScellular strikes $1bn spectrum deal with Verizon amid broader monetization strategy
UScellular, officially known as United States Cellular Corporation (NYSE: USM), announced a significant agreement to sell select spectrum licenses to Verizon Communications Inc. (NYSE: VZ). The $1.0 billion deal is part of UScellular’s plan to capitalise on its remaining spectrum assets, with the company also engaging two other mobile network operators for additional sales. This […]