Credit: Edgar Cervantes / Android Authority
- US Cellular just announced a $1 billion deal to sell some of its wireless spectrum to AT&T.
- Last month, US Cellular announced a $1 billion spectrum sale to Verizon.
- Earlier this year, US Cellular struck a major $4.4 billion deal with T-Mobile, selling much of its business assets.
US Cellular has announced a significant $1.018 billion deal to sell portions of its spectrum to AT&T. The transaction is part of US Cellular’s larger plan to “opportunistically monetize” its unused assets following the initial sale of the majority of its business to T-Mobile earlier this year.
So, what exactly is being sold here? The transaction includes two key chunks of spectrum: the 700 MHz band, which is great for expanding coverage to rural and hard-to-reach areas, and the 3.45 GHz band, designed for high-capacity 5G service, which is expected to make AT&T’s 5G faster and more reliable in busy cities. Together, these additions should help AT&T expand its footprint and improve connectivity nationwide.
from Android Authority https://ift.tt/eEyg2JP
