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UScellular announces FCC approval for sale of wireless operations and select spectrum assets

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UScellular (NYSE: USM) and Telephone and Data Systems (NYSE: TDS) have received Federal Communications Commission (FCC) approval for their transaction with T-Mobile US, Inc. The deal involves the sale of UScellular's wireless operations and select spectrum assets.

UScellular currently serves 4.4 million retail connections across 21 states and employs 4,100 associates. TDS owns approximately 83% of UScellular as of Q1 2025.

UScellular (NYSE: USM) e Telephone and Data Systems (NYSE: TDS) hanno ottenuto l'approvazione della Federal Communications Commission (FCC) per la loro operazione con T-Mobile US, Inc. L'accordo prevede la vendita delle attività wireless di UScellular e di alcune frequenze selezionate.

UScellular serve attualmente 4,4 milioni di connessioni al dettaglio in 21 stati e impiega 4.100 dipendenti. TDS detiene circa il 83% di UScellular al primo trimestre 2025.

UScellular (NYSE: USM) y Telephone and Data Systems (NYSE: TDS) han recibido la aprobación de la Comisión Federal de Comunicaciones (FCC) para su transacción con T-Mobile US, Inc. El acuerdo implica la venta de las operaciones inalámbricas de UScellular y ciertos activos de espectro selectos.

Actualmente, UScellular atiende a 4.4 millones de conexiones minoristas en 21 estados y emplea a 4,100 asociados. TDS posee aproximadamente el 83% de UScellular al primer trimestre de 2025.

UScellular (NYSE: USM)Telephone and Data Systems (NYSE: TDS)연방통신위원회(FCC)로부터 T-Mobile US, Inc와의 거래 승인을 받았습니다. 이번 거래는 UScellular의 무선 사업과 일부 선택된 스펙트럼 자산의 매각을 포함합니다.

UScellular는 현재 21개 주에서 440만 개의 소매 연결을 제공하며 4,100명의 직원을 고용하고 있습니다. TDS는 2025년 1분기 기준으로 UScellular의 약 83%를 소유하고 있습니다.

UScellular (NYSE : USM) et Telephone and Data Systems (NYSE : TDS) ont reçu l'approbation de la Federal Communications Commission (FCC) pour leur transaction avec T-Mobile US, Inc. L'accord porte sur la vente des opérations sans fil de UScellular ainsi que sur certains actifs de spectre sélectionnés.

UScellular dessert actuellement 4,4 millions de connexions de détail dans 21 États et emploie 4 100 collaborateurs. TDS détient environ 83% de UScellular au premier trimestre 2025.

UScellular (NYSE: USM) und Telephone and Data Systems (NYSE: TDS) haben die Genehmigung der Federal Communications Commission (FCC) für ihre Transaktion mit T-Mobile US, Inc erhalten. Das Geschäft umfasst den Verkauf der drahtlosen Aktivitäten von UScellular sowie ausgewählter Spektrum-Assets.

UScellular bedient derzeit 4,4 Millionen Einzelhandelsanschlüsse in 21 Bundesstaaten und beschäftigt 4.100 Mitarbeiter. TDS besitzt zum ersten Quartal 2025 etwa 83% von UScellular.

Positive
  • FCC approval received for T-Mobile transaction
  • Company maintains strong market presence with 4.4 million retail connections across 21 states
Negative
  • Divestment of wireless operations indicates significant business restructuring

CHICAGO, July 11, 2025 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) and Telephone and Data Systems, Inc. (NYSE: TDS) announce that the Federal Communications Commission issued an order today approving our transaction with T-Mobile US, Inc.

We look forward to closing the transaction upon satisfaction of all closing conditions.

About UScellular

United States Cellular Corporation provides a comprehensive range of wireless products and services, excellent customer support, and a high-quality network to customers with 4.4 million retail connections in 21 states. The Chicago-based company had 4,100 full- and part-time associates as of March 31, 2025. At the end of the first quarter of 2025, Telephone and Data Systems, Inc. owned approximately 83 percent of UScellular. For more information about UScellular, visit uscellular.com.

About TDS

Telephone and Data Systems, Inc. (TDS) provides wireless, broadband, video and voice to approximately 5.5 million connections nationwide through its businesses, UScellular and TDS Telecom. Founded in 1969 and headquartered in Chicago, TDS employed approximately 7,800 associates as of March 31, 2025.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations, including with respect to the expected closing date of the transaction with T-Mobile. These statements are based on current estimates, projections, and assumptions, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include but are not limited to: whether the announced transactions whereby UScellular has agreed to sell its wireless operations and selected spectrum assets will be successfully completed. Investors are encouraged to consider these and other risks and uncertainties that are more fully described under "Risk Factors" in the most recent filing of UScellular's Form 10-K, as updated by any UScellular Form 10-Q filed subsequent to such Form 10-K. 

Cision View original content:https://www.prnewswire.com/news-releases/uscellular-announces-fcc-approval-for-sale-of-wireless-operations-and-select-spectrum-assets-302503636.html

SOURCE Telephone and Data Systems, Inc. and United States Cellular Corporation

FAQ

What did the FCC approve for UScellular (NYSE: USM) in July 2025?

The FCC approved UScellular's transaction with T-Mobile US, Inc. for the sale of its wireless operations and select spectrum assets.

How many retail connections does UScellular currently have?

UScellular currently serves 4.4 million retail connections across 21 states.

What is TDS's ownership stake in UScellular?

Telephone and Data Systems (TDS) owns approximately 83% of UScellular as of Q1 2025.

How many employees does UScellular have in 2025?

UScellular has 4,100 full- and part-time associates as of March 31, 2025.

What is the next step for UScellular's T-Mobile transaction?

The transaction will proceed to closing upon satisfaction of all remaining closing conditions.
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