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UScellular (NYSE: USM) sells spectrum licenses to AT&T for $1.018 billion, aligning with strategy to capitalize on assets.

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Chicago-based United States Cellular Corp. on Thursday announced a deal to sell $1 billion in assets to AT&T Inc. The deal ...

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United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone signals and high-speed data services to AT&T in a $1.02 billion deal.

The transaction is part of the regional wireless carrier's strategy to monetize its spectrum assets that were not part of the ...

The transaction is part of the company’s plan to “opportunistically monetize” the spectrum that wasn’t included in a ...