Verizon will buy some of US Cellular's spectrum licenses for $1B, contingent on closing a deal announced in May to sell some US Cellular assets to T-Mobile (Jake Rudnitsky/Bloomberg)

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Jake Rudnitsky / Bloomberg:
Verizon will buy some of US Cellular's spectrum licenses for $1B, contingent on closing a deal announced in May to sell some US Cellular assets to T-Mobile  —  The announcement came amid a push for US wireless companies to focus more on their core business.

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