Spectrum

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

The deal includes UScellular's remaining 3.45 GHz spectrum, plus some 700 MHz holdings.

Jake Neenan

Nov 7, 2024 — 1 min read

Photo by Alejandro Barba used with permission

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.

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Spectrum USCellular AT&T Laurent Therivel FCC