---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-24-000059"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:42:19.032689+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UScellular sells select spectrum assets to Verizon for $1.0B; additional sales to two other operators

## Summary
- Verizon to buy 663M MHz POPs of Cellular, 11M AWS, 19M PCS licenses for $1.0B cash, subject to adjustments.
- Agreements with two other mobile operators to sell additional 12M MHz POPs across CBRS, C-Band, 700 MHz bands.
- All transactions contingent on closing of T-Mobile purchase of UScellular wireless operations and select spectrum.
- TDS, as 82% shareholder of USCC, delivered written consent approving the Verizon deal; no shareholder vote needed.
- Following these sales, UScellular retains 3.4B MHz POPs low/mid-band and 17.2B MHz POPs mmWave spectrum for further monetization.

## SEC filing metadata
- accession: 0001051512-24-000059
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000059/0001051512-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000059/tds-20241017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-24-000059
- JSON: https://secwatch.observer/filing/0001051512-24-000059.json
- Plain text: https://secwatch.observer/filing/0001051512-24-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.