United States Cellular Corporation USM shares are trading higher on Friday after the company agreed to sell part of its retained spectrum licenses to Verizon Communications Inc. VZ for $1.0 billion.

(Reuters) - United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal. U.S. Cellular's shares jumped 3.9% in trading before the bell.

Shares of mobile provider Verizon (VZ) are slightly higher in today’s trading after announcing that it will shell out $1 billion to purchase spectrum licenses from U.S. Cellular (USM). Spectrum ...

U.S. Cellular is selling a portion of its retained spectrum licenses to Verizon VZ0.47%increase; green up pointing triangle for $1 billion in cash as it looks to monetize the spectrum that wasn’t ...

BELLEVUE, Wash. (AP) - T-Mobile said Monday that it's reached deals to buy spectrum licenses from Verizon Wireless for $2.37 billion in cash, allowing it to improve certain kinds of cellular service ...

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.

(Reuters) - U.S. regulators are close to approving Verizon Wireless's proposed $3.9 billion spectrum purchase from several cable companies, including Comcast Corp, the Wall Street Journal reported, ...