(Bloomberg) -- Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion as the tower operator sheds parts of its ...

The rest of the industry has since followed T-Mobile’s lead, most recently when everyone tried to buy as much C-Band spectrum (which is mid-band 5G) as they possibly could, while backing it up ...

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The company will sell portion of its spectrum licenses used for mobile phone signals and high-speed data services to Verizon. The transaction is part of U.S. Cellular's strategy to monetize its ...

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Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses for $1 billion as the tower operator sheds parts of its portfolio.