United States Cellular

United States Cellular Corp. engages in the provision of wireless telecommunication services. Its products include smartphones, tablets, vehicle routers, and accessories. It offers Internet plans, prepaid and postpaid plans, and roaming services. The company was founded by Leroy T. Carlson in 1983 and is headquartered in Chicago, IL.

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UScellular and TDS Telecom show robust Q2 performance and growth strategies

UScellular and TDS Telecom demonstrated strong financial performance and strategic focus in Q2 2024, with a pending transaction set to unlock shareholder value and drive growth. While facing challenges in subscriber retention and competitive dynamics, both companies are well-positioned to capitalize on opportunities in spectrum monetization, new market entries, and cost-effective expansion. Leveraging their strengths in customer retention and operational efficiency will be key to sustained success.

UScellular reports strong Q3 results, eyes growth in broadband market

UScellular's Q3 2024 performance reflects a resilient financial position with notable progress in key strategic initiatives. While facing challenges such as revenue decline and leadership transitions, the company is well-positioned to capitalize on growth opportunities in the broadband market and spectrum transactions. Overall, UScellular's focus on profitability enhancement and strategic realignment bodes well for future performance.

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Solid momentum in fixed wireless portfolio, strategic divestitures, focus on network advancements and cost optimization are key growth drivers from U.S. Cellular.

USM Stock Surges 54.6% in a Year: Will This Uptrend Continue?

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Verizon

The accelerated pace of 5G deployment should help the Zacks Wireless National industry thrive despite short-term headwinds and raw material price volatility. VZ, USM and CCOI are well poised to make the most of the current scenario.

3 Wireless Stocks Likely to Thrive Against Industry Odds

Telephone and Data Systems

CHICAGO , Nov. 20, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be attending the following conferences. Wells Fargo 8th Annual TMT Summit ConferenceUScellular webcasted presentation on December 3, 2024 at 1:15 p.m.

TDS and UScellular to attend upcoming conferences

United States Cellular Corporation NYSE: USM has seen its share price rise substantially in 2024, up nearly 53%. However, it hasn't been doing so by massively increasing the number of people on United States Cellular's network.

Can United States Cellular Ride Higher on Its Spectrum Strategy?

AT&T

United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone signals and high-speed data services to AT&T in a $1.02 billion deal.

US Cellular to sell some spectrum licenses to AT&T for $1 bln

CHICAGO , Nov. 7, 2024 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) today has announced that it has entered into an agreement with AT&T (NYSE: T) to sell a portion of the Company's retained spectrum licenses for total consideration of $1.018 billion.  The transaction is part of the objective UScellular announced on May 28, 2024, to opportunistically monetize the spectrum that was not included in the proposed sale to T-Mobile; and follows the transactions previously announced on October 18, 2024, to sell a portion of the retained spectrum licenses to Verizon and two other mobile network operators.

UScellular announces sale of select spectrum assets to AT&T for $1.018 billion

US Cellular's Q3 earnings were disappointing with misses on both EPS and Revenue. If the sale to T-Mobile is approved, US Cellular shareholders are likely to see significant upside from the sale price, additional spectrum sales, and remaining assets. If the sale is not approved, shareholders are left with a struggling and underinvested telecom business.

United States Cellular Q3 Earnings: 2 Very Different Paths

United States Cellular Corporation (NYSE:USM ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez - Executive Vice President and CFO, TDS LT Therivel - President and CEO, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer and Treasurer, UScellular Michelle Brukwicki - Senior Vice President, Finance and CFO, TDS Telecom Conference Call Participants Ric Prentiss - Raymond James Sebastiano Petti - J.P. Morgan Sergey Dluzhevskiy - Gamco Investors Operator Thank you for standing by.

United States Cellular Corporation (USM) Q3 2024 Earnings Call Transcript

USM reports a top-line decline owing to declining retail connections. Healthy traction in the fixed wireless portfolio is a positive.

U.S. Cellular's Q3 Earnings Beat Estimate, Revenues Decline Y/Y

While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

U.S. Cellular (USM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

United States Cellular (USM) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.26 per share a year ago.

United States Cellular (USM) Q3 Earnings Beat Estimates

CHICAGO, Nov. 1, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of   investors.uscellular.com.

UScellular reports third quarter 2024 results

CHICAGO , Oct. 25, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results conference call on November 1, 2024, at 9:00 a.m. Central Time.

TDS and UScellular to release third quarter operating results and host conference call on November 1, 2024

Divestiture of spectrum holdings will improve U.S. Cellular's liquidity position, reduce debt burden and propel investment in growth initiatives.

Will the Divestiture of Spectrum Assets Propel USM's Stock Growth?

U.S. Cellular (USM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

U.S. Cellular (USM) Surges 7.2%: Is This an Indication of Further Gains?

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A leading robotic surgery stock hit a new high on Friday and is in a buy zone. A telecom stock also hit a new high.

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United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal.

US Cellular to sell select spectrum assets to Verizon for $1 bln

CHICAGO , Oct. 18, 2024 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) has entered into an agreement with Verizon Communications Inc. (NYSE, Nasdaq: VZ) to sell a portion of the Company's retained spectrum licenses for total consideration of $1.0 billion. Additionally, UScellular has entered into agreements with two other mobile network operators for the sale of other selected spectrum licenses.

UScellular announces sale of select spectrum assets for $1.0 billion

Telephone And Data Systems preferred stock offers an 8% yield on cost for 76 cents on the dollar. The stocks are still discounted against pending asset sales, savings from a right-sized dividend, and pending Fed rate cuts. An expected surge in the company's cash position is set to reduce the risk profile of the preferreds and further boost their value in aggregate with yield compression.

US Cellular And Telephone And Data Systems: Preferreds Are Still Discounted

CHICAGO , Aug. 26, 2024 /PRNewswire/ -- TDS Telecom, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE:USM), will each be attending the following September conferences. Citi's 2024 Global TMT ConferenceTDS Telecom webcasted presentation on September 5, 2024 at 7:30 a.m.

TDS Telecom and UScellular participating in upcoming September conferences

U.S. Cellular (USM) reports a top-line contraction year over year, owing to a decline in postpaid and prepaid retail connections. However, growth in fixed wireless subscribers is a tailwind.

U.S. Cellular's (USM) Q2 Earnings Beat Despite Lower Revenues

LM Ericsson Telefon

Ericsson and UScellular are collaborating to enhance 5G transport infrastructure and reliable 5G networks in rural communities across the U.S. Local economies will receive a boost by the enablement of modern digitalization services as part of mid-band deployment that started in 2023, continues in 2024 and beyond PLANO, Texas , Aug. 5, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and UScellular (NYSE: USM) today announced an infrastructure upgrade, leveraging Ericsson's existing Router 6000 portfolio along with the newly announced Router 6671, aimed at closing the digital divide in rural America through bolstering 5G transport infrastructure and enhancing high-speed internet access. This collaboration leverages Ericsson's advanced cell-site router technology to provide the necessary transport infrastructure for efficient utilization of mid-band spectrum for radio access network (RAN) deployment that both companies embarked on in 2023.

UScellular leverages latest Ericsson router technology to elevate 5G infrastructure in rural America

While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

U.S. Cellular (USM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

United States Cellular (USM) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.05 per share a year ago.

United States Cellular (USM) Q2 Earnings and Revenues Beat Estimates

2024 guidance reaffirmed CHICAGO , Aug. 2, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on August 2, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com.

News for United States Cellular Stock (USM)