Array Digital Infrastructure Inc

AD: XNYS (USA)

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US Cellular: Sale of Spectrum to Verizon Further Solidifies Value, Assuming the T-Mobile Deal Closes

Michael Hodel

Oct 18, 2024

T-Mobile's agreement to buy US Cellular's wireless business for $4.4 billion, signed in May, included only about 30% of its spectrum holdings, leaving US Cellular free to sell the remainder to others. US Cellular agreed to sell about 11% of its spectrum licenses to Verizon for $1 billion.

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Array Digital Infrastructure Inc

US Cellular: Sale of Spectrum to Verizon Further Solidifies Value, Assuming the T-Mobile Deal Closes

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