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

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Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses ...

Verizon Communications Inc., the biggest wireless carrier in the US, will buy some of US Cellular Corp.’s spectrum licenses ...

(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.