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United States Cellular Corporation (doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. Its stock is publicly traded, but Telephone and Data Systems Inc. owns a controlling stake (83% economic and 96% voting power).
This page was last edited on 23 October 2024, at 20:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
T-Mobile to buy US Cellular's wireless operations in $4.4 billion deal. May 28, 2024 at 2:31 PM ... stores and 30% of its spectrum assets in a deal valued at $4.4 billion, the telecom giant said ...
Telephone and Data Systems, Inc. is a Chicago-based telecommunications service company providing wireless products and services; cable and wireline broadband, TV and voice services; and hosted and managed services to approximately 6 million customers nationwide through its business units TDS Telecom and U.S. Cellular (NYSE: USM).
In May, U.S. Cellular entered into an agreement with T-Mobile to sell almost all of its wireless operations including customers, stores and 30% of its spectrum assets in a deal valued at $4.4 billion.
Notably, in May 2024, T-Mobile US agreed to acquire substantially all of the United States Cellular and TDS wireless operations, including wireless customers and stores, as well as certain ...
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the four major cellular carriers in the country—AT&T Mobility, Boost Mobile, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
United States Cellular (NYS: USM) carries $2 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.