UScellular Sells More Spectrum to AT&T for $1 Billion

WASHINGTON, Nov. 7, 2024 – UScellular is selling more of its spectrum to AT&T for $1 billion, the company announced Thursday.

“We are pleased with the significant value that will be realized in the various transactions recently announced,” UScellular CEO Laurent Therivel said in a statement.

The company has been selling off its assets in recent months, inking a $4 billion deal for spectrum and all 4 million of its wireless customers with T-Mobile and a separate $1 billion deal for more spectrum with Verizon and two unnamed operators. Both deals are still pending regulatory approval.