---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-24-000066"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:14:18.818341+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 spectrum to AT&T for $1.018B, contingent on T-Mobile deal

## Summary
- Sale of 1,250M MHz-Pops of 3.45 GHz and 331M MHz-Pops of 700 MHz licenses to AT&T for $1.018B cash.
- Transaction contingent on closing of pending T-Mobile sale of UScellular wireless ops and spectrum, plus regulatory approvals.
- TDS, as 83% shareholder, gave written consent; no further UScellular shareholder vote required.
- Including prior deals, UScellular has agreements to monetize ~55% of spectrum not in T-Mobile deal, total ~$2.02B.
- Post-sale, UScellular retains 1.86B MHz-Pops low/mid-band and 17.2B MHz-Pops mmWave, mostly C-band with build-out deadlines in 2029/2033.

## SEC filing metadata
- accession: 0001051512-24-000066
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2024-11-07T23:59:59+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/1051512/000105151224000066/0001051512-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000066/tds-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-24-000066
- JSON: https://secwatch.observer/filing/0001051512-24-000066.json
- Plain text: https://secwatch.observer/filing/0001051512-24-000066.txt

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