United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as accessories; sells wireless devices to agents and other third-party distributors for resale; and offers option to purchase devices and accessories under instalment contracts. In addition, the company offers roaming, wireless eligible telecommunications carrier, and wireless tower rental services. It serves customers with 5.0 million connections in 21 states, including consumer, business, and government customers. The company provides its products and services through retail sales, direct sales, third-party national retailers, and independent agents, as well as ecommerce and telesales. The company was incorporated in 1983 and is headquartered in Chicago, Illinois. United States Cellular Corporation is a subsidiary of Telephone and Data Systems, Inc.
IPO Year: 1988
Exchange: NYSE
Website: uscellular.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $86.00 | Mkt Perform → Outperform | Raymond James |
| 5/30/2024 | $38.00 → $75.00 | Equal Weight → Overweight | Wells Fargo |
| 8/9/2023 | $16.00 → $38.00 | Underweight → Equal Weight | Wells Fargo |
| 8/8/2023 | $52.00 | Neutral → Overweight | JP Morgan |
| 1/10/2023 | $33.00 → $20.00 | Overweight → Underweight | Wells Fargo |
| 11/8/2022 | $32.00 → $24.00 | Underweight → Neutral | JP Morgan |
| 11/7/2022 | Strong Buy → Mkt Perform | Raymond James | |
| 4/19/2022 | $37.00 | Overweight → Equal-Weight | Morgan Stanley |
| 2/22/2022 | $36.00 → $33.00 | Overweight | Wells Fargo |
| 2/22/2022 | $43.00 → $40.00 | Strong Buy | Raymond James |
8-K - UNITED STATES CELLULAR CORP (0000821130) (Filer)
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8-K - UNITED STATES CELLULAR CORP (0000821130) (Filer)
8-K - UNITED STATES CELLULAR CORP (0000821130) (Filer)
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Raymond James upgraded US Cellular from Mkt Perform to Outperform and set a new price target of $86.00
Wells Fargo upgraded US Cellular from Equal Weight to Overweight and set a new price target of $75.00 from $38.00 previously
Wells Fargo upgraded US Cellular from Underweight to Equal Weight and set a new price target of $38.00 from $16.00 previously
JP Morgan upgraded US Cellular from Neutral to Overweight and set a new price target of $52.00
Wells Fargo downgraded US Cellular from Overweight to Underweight and set a new price target of $20.00 from $33.00 previously
JP Morgan upgraded US Cellular from Underweight to Neutral and set a new price target of $24.00 from $32.00 previously
Raymond James downgraded US Cellular from Strong Buy to Mkt Perform
Morgan Stanley downgraded US Cellular from Overweight to Equal-Weight and set a new price target of $37.00
Wells Fargo reiterated coverage of United States Cellular with a rating of Overweight and set a new price target of $33.00 from $36.00 previously
Raymond James reiterated coverage of United States Cellular with a rating of Strong Buy and set a new price target of $40.00 from $43.00 previously
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. ETDoug Chambers, UScellular executive vice president, chief financial officer & treasurer is presenting. The presentation will be webcast live. Raymond James 2024 TMT and Consumer ConferenceTDS Telecom and UScellular webcasted presentation on December 9, 2024 at 1:40 p.m. ET Jim Butman, TDS Telecom president & chief executive officer, and Fred Lubeley, UScellular, vice president – financial planning and ana
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. "We are pleased with the significant value that will be realized in the various
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. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $922 million for the third quarter of 2024, versus $963 million for the same period one year ago. Service revenues totaled $747 million, versus $762 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(79) million and $(0.92), respectively, for the third quarter of 2024 compared to $23
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. The companies will release their financial results on November 1, 2024. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming software. About TDS
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. The transactions are 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. "We are pleased that significant value for a portion of the remaining licenses will be realized," said La
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. ET Michelle Brukwicki, TDS Telecom senior vice president of finance & chief financial officer is scheduled to speak. The presentation will be webcast live. Management will also host one-on-one investor meetings. 2024 RBC Capital Markets Global Communications Infrastructure ConferenceSeptember 25, 2024 – UScellular management will host one-on-one meetings.Doug
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 beyondPLANO, 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.
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. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $927 million for the second quarter of 2024, versus $957 million for the same period one year ago. Service revenues totaled $743 million, versus $760 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $17 million and $0.20, respectively, for the second quarter of 2024 compared
CHICAGO, July 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their second quarter operating results conference call on August 2, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on August 2, 2024, before the market opens. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streamin
Un-carrier Will Give UScellular and T-Mobile Customers More Value and Better Experiences, and Spur Growth and Competition that Offers More Choice for Wireless Consumers T-Mobile (NASDAQ:TMUS) and UScellular (NYSE:USM) today announced that T-Mobile has agreed to acquire substantially all of UScellular's wireless operations. This includes UScellular's wireless customers and stores, as well as certain specified spectrum assets. Upon closing, T-Mobile's leading 5G network will expand to provide millions of UScellular customers, particularly those in underserved rural areas, a superior connectivity experience, moving from a roaming experience outside of the UScellular coverage area to full n
CHICAGO, Dec. 1, 2022 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) announced that Douglas W. Chambers and James W. Butman have been appointed to its Board of Directors effective January 1, 2023. This follows on the previously announced appointment of Xavier D. Williams, CEO of Network Wireless LLC, to the Board effective January 1, 2023, and the continued service on the Board by Deirdre C. Drake, Executive Vice President, Chief People Officer and Head of Communications, following her retirement as an officer of UScellular on January 2, 2023. Mr. Chambers is currently executive vice president, chief financial officer and treasurer for UScellular. He has more than 25 years of
Williams brings new perspective and extensive telecommunications experience CHICAGO, Oct. 17, 2022 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) announced today that the Board of Directors has appointed Xavier D. Williams to serve on its board effective January 1, 2023. Mr. Williams replaces J. Samuel Crowley, who has served with distinction for 24 years. "We believe good corporate governance involves ongoing review of Board composition, and we are delighted that Xavier will be joining our Board of Directors. With more than thirty years of experience in the tel
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. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $922 million for the third quarter of 2024, versus $963 million for the same period one year ago. Service revenues totaled $747 million, versus $762 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(79) million and $(0.92), respectively, for the third quarter of 2024 compared to $23
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. The companies will release their financial results on November 1, 2024. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming software. About TDS
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. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $927 million for the second quarter of 2024, versus $957 million for the same period one year ago. Service revenues totaled $743 million, versus $760 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $17 million and $0.20, respectively, for the second quarter of 2024 compared
CHICAGO, July 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their second quarter operating results conference call on August 2, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on August 2, 2024, before the market opens. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streamin
T-Mobile, after acquiring UScellular's wireless operations and customers, will use its greater resources to deliver benefits to UScellular customers, including lower prices, more robust plans, superior network experiences, and more added benefits T-Mobile to enter into new MLA and be a long-term tenant on at least 2,600 of UScellular's towers UScellular retains its nearly 4,400 owned towers, its equity method investments, and approximately 70% of spectrum assets UScellular and TDS to hold conference call at 8:30 a.m. Central Time CHICAGO, May 28, 2024 /PRNewswire/ -- United States Cellular Corporation ("UScellular") (NYSE:USM) and Telephone and Data Systems, Inc. ("TDS") (NYSE:TDS) today ann
TDS believes transaction delivers significant value to UScellular customers and shareholders TDS announces second quarter 2024 dividends TDS and UScellular to hold conference call at 8:30 a.m. Central Time CHICAGO, May 28, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. ("TDS") (NYSE:TDS) today indicated its board of directors unanimously approved the definitive agreement reached by TDS and United States Cellular Corporation ("UScellular") (NYSE:USM) to sell UScellular's wireless operations and approximately 30% of its spectrum assets to T-Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billion of assumed debt. The agreement follo
2024 guidance reaffirmed CHICAGO, May 3, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on May 3, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $950 million for the first quarter of 2024, versus $986 million for the same period one year ago. Service revenues totaled $754 million, versus $767 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $18 million and $0.20, respectively, for the first quarter of 2024 compared to $13
CHICAGO, April 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE:TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their first quarter operating results conference call on May 3, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on May 3, 2024, before the market opens. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming soft
Provides guidance for 2024 CHICAGO, Feb. 16, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on February 16, 2024 at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.uscellular.com. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $1,000 million for the fourth quarter of 2023, versus $1,048 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $14 million and $0.16, respectively, for the fourth quarter of 2023 compared to $(28) million and $(0.33), respectively, in the same period one ye
CHICAGO, Feb. 9, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their fourth quarter operating results conference call on February 16, 2024, at 9:00 a.m. central time. The companies will release their financial results on February 16, 2024 before the market opens. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia strea
As of June 4, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. Take-Two Interactive Software, Inc (NASDAQ:TTWO) On May 16, Take-Two Interactive
Waste Management Inc (NYSE:WM) is reportedly nearing a huge acquisition deal to purchase medical-waste-disposal company Stericycle Inc (NASDAQ:SRCL) for approximately $7 billion, inclusive of debt. The acquisition of Bannockburn, Illinois-based Stericycle, which carries over $1 billion in debt, might be announced as early as Monday, according to a report from the WSJ. Stericycle's services would enhance Waste Management's capabilities, providing a stronger presence in the medical-waste-disposal sector, which saw increased demand during the COVID-19 pandemic. Waste Management, based in Houston, operates the largest landfill network in North America with over 250 sites. Currently,
U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Friday. Shares of Ambarella, Inc. (NASDAQ:AMBA) rose sharply during Friday's session following strong first-quarter earnings and upbeat second-quarter guidance. Ambarella posted adjusted loss of 26 cents per share, compared to market estimates for a loss of 31 cents per share. The company's quarterly sales came in at $54.473 million beating expectations of $53.875 million, according to data from Benzinga Pro. Ambarella shares jumped 23% to $59.42 on Friday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 79.5% to $464.77. The Ga
Wells Fargo analyst Eric Luebchow upgrades United States Cellular (NYSE:USM) from Equal-Weight to Overweight and raises the price target from $38 to $75.
T-Mobile has agreed to acquire U.S. Cellular's wireless operations for $4.4 billion. U.S. Cellular will retain about 70% of its spectrum portfolio. The announcement of this acquisition has positively impacted T-Mobile's stock, which hit a new record high of $169. T-Mobile Us Inc (NASDAQ:TMUS) is boosting its network by acquiring United States Cellular Corp (NYSE:USM) wireless operations and much of its spectrum assets for $4.4 billion. This aims to improve T-Mobile’s coverage and capacity, reflecting its dedication to better customer service across the U.S. As part of the deal, T-Mobile will take over U.S. Cellular’s wireless business and acquire much of its spectrum holdings, crucial
U.S. stocks were lower, with the Dow Jones index falling around 1% on Thursday. Shares of HP Inc. (NYSE:HPQ) rose sharply during Thursday's session following better-than-expected second-quarter financial results. Net revenue declined 0.8% Y/Y to $12.8 billion, beating the consensus of $12.6 billion. Adjusted EPS rose 4% Y/Y to 82 cents, surpassing the street view of 81 cents, according to data from Benzinga Pro. HP shares climbed 12.5% to $36.94 on Thursday. Here are some other big stocks recording gains in today's session. Latam Logistic Properties, S.A. (NYSE:LPA) shares jumped 61% to $53.35. Foot Locker, Inc. (NYSE:FL) rose 25.9% to $28.35 following a first-quarter earn
Benchmark analyst Matthew Harrigan reiterated a Buy rating on T-Mobile US, Inc (NASDAQ:TMUS) with a price target of $200. On Tuesday, T-Mobile formally announced its anticipated United States Cellular Corp (NYSE:USM) transaction. It agreed to pay ~$4.4 billion for 4.5 million retail mobile customers across 21 states and 30% of the much smaller carrier’s wireless spectrum. USCellular would retain the entirety of its 2,100 towers (with T-Mobile leasing space for fifteen years) and interests in its Verizon Communications Inc (NYSE:VZ) joint ventures. T-Mobile would also extend its current leases on 600 towers. Harrigan said the proposed deal is consistent with T-Mobile’s M&A strate