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United States

United States Cellular Corp (USM.N)

USM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

United States Cellular enters into $300 mln credit agreement
Tuesday, 21 Jun 2016 03:00pm EDT 

United States Cellular Corp : United States Cellular Corp says on June 15 entered into a $300 million credit agreement .Revolving credit agreement is unsecured.  Full Article

U.S. Cellular reports Q1 revenue of $958 million
Friday, 6 May 2016 08:15am EDT 

United States Cellular Corp : u.s. Cellular reports first quarter 2016 results . Q1 revenue $958 million versus i/b/e/s view $975.5 million . u.s. Cellular's current estimates of full-year 2016 results are unchanged from previous estimates . Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $0.63, revenue view $3.97 billion -- Thomson Reuters I/B/E/S . Qtrly postpaid arpu $48.13 versus $51.46 . Qtrly prepaid arpu $35.51 versus $35.54 last quarter .Qtrly earnings per share $0.10.  Full Article

United States Cellular Corporation sells $300 million of 7.25 percent notes
Tuesday, 17 Nov 2015 09:00am EST 

United States Cellular Corporation:Sold $300 million of 7.25 percent Senior Notes due 2064.notes are callable at par on and after Dec. 1, 2020. Closing, subject to customary closing conditions, is expected to occur on Nov. 23, 2015.notes are expected to be listed on New York Stock Exchange under the symbol "UZC.".Following completion of offering, U.S. Cellular expects to use the net proceeds for general corporate purposes, including potential spectrum purchases.  Full Article

United States Cellular Corp lowers high end of prior FY 2015 revenue guidance to a range in line with analysts' estimates; raises FY 2015 EBITDA guidance
Friday, 31 Jul 2015 07:50am EDT 

United States Cellular Corp:Expects FY 2015 total operating revenues in the range of $4.000-$4.100 bln (prior guidance was in the range of $4.000-$4.200 bln).Expects FY 2015 adjusted EBITDA in the range of $600-$700 mln (prior guidance was in the range of $580-$680 mln).FY 2015 revenue of $4.056 bln and EBITDA of $555 mln - Thomson Reuters I/B/E/S.  Full Article

United States Cellular Corp raises FY 2015 EBITDA guidance
Friday, 1 May 2015 07:30am EDT 

United States Cellular Corp:Sees FY 2015 Adjusted EBITDA to be in the range of $580 mln - $680 mln compared to the previous range of $530 mln - $630 mln.  Full Article

United States Cellular Corp announces new markets to receive 4G LTE Service in 2015
Tuesday, 31 Mar 2015 10:30am EDT 

United States Cellular Corp:Says it will be adding more than 600 4G LTE cell sites in 2015 and expanding existing 4G LTE service in 10 states.By the end of 2015, 98 percent of U.S. Cellular customers will have access to 4G LTE speeds.Says this latest U.S. Cellular network expansion brings additional 4G LTE service to areas in California, Maine, Maryland, New Hampshire, North Carolina, Oregon, Vermont, Virginia, Washington and West Virginia.More than 2,000 new cities and towns will receive 4G LTE speeds.  Full Article

United States Cellular Corp gives FY 2015 revenue outlook; EBITDA outlook above analysts' estimates
Wednesday, 25 Feb 2015 07:49am EST 

United States Cellular Corp:Expects FY 2015 total operating revenues in the range of $4,000-$4,200 mln.Expects FY 2015 adjusted EBITDA in the range of $530-$630 mln.FY 2015 revenue of $4,055 mln, EBITDA of $468 mln - Thomson Reuters I/B/E/S.  Full Article

United States Cellular Corp announces sale of towers in Divested Markets
Thursday, 11 Dec 2014 08:51am EST 

United States Cellular Corp:Enters into a definitive agreement with Vertical Bridge Holdings, LLC to sell 595 towers for about $159 mln.Transaction is expected to close in the first quarter of 2015.Wells Fargo Securities, LLC and TD Securities (USA) LLC served as financial advisors to U.S. Cellular on this transaction.  Full Article

United States Cellular Corp sells $275 mln of 7.25 pct notes
Tuesday, 2 Dec 2014 08:55am EST 

United States Cellular Corp:Says it sold $275 mln of 7.25 pct Senior Notes due 2063 on Dec. 1, 2014.Says notes are callable at par on and after Dec. 8, 2019.Closing is expected to occur on Dec. 8.BofA Merrill Lynch, Morgan Stanley, RBC Capital Markets, Wells Fargo Securities and UBS Investment Bank were joint book-running managers.  Full Article

United States Cellular Corp reaffirms FY 2014 revenue outlook, raises low end of prior earnings outlook
Friday, 31 Oct 2014 07:58am EDT 

United States Cellular Corp:Continues to expect FY 2014 total operating revenues in the range of $3.90 - $4.00 bln.Now expects FY 2014 adjusted income before income taxes $375-$450 mln (previous guidance $350-$450).FY 2014 revenues of $3.87 bln - Thomson Reuters I/B/E/S.  Full Article

BRIEF-United States Cellular enters into $300 mln credit agreement

* United States Cellular Corp says on June 15 entered into a $300 million credit agreement