(Reuters) - United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit ...

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(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.

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Thus, the agreement with Verizon marks the next step in the sale process. We expect AT&T is in the process of negotiating with US Cellular for at least a portion of its remaining spectrum licenses.

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United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone ...

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