United States Cellular - M&A Summary and Business Overview

CommunicationsCompany

United States Cellular M&A Summary

United States Cellular has acquired 6 companies, including 1 in the last 5 years. A total of 5 acquisitions came from private equity firms.

United States Cellular’s largest acquisition to date was in 2024, when it acquired AT&T - Spectrum licenses for $1.0B. United States Cellular has acquired in 2 different US states. The Company’s most targeted sectors include communications (100%).

United States Cellular Business Overview

Where is United States Cellular headquartered?

United States Cellular is headquartered in Chicago, Illinois.

What is United States Cellular’s revenue?

United States Cellular disclosed revenue of 3,906M USD for 2023 and 4,169M USD for 2022.

How many employees does United States Cellular have?

United States Cellular has 5,300 employees.

What sector is United States Cellular in?

United States Cellular is a communications company.

When was United States Cellular founded?

United States Cellular was founded in 1983.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

United States Cellular

United States Cellular Corp.

8410 West Bryn Mawr Avenue, Suite 700,
Chicago, Illinois 60631
United States,
(773) 399-8900
www.uscellular.com

United States Cellular is a provider of cellular communication to individuals and businesses and services the communication needs of mid-sized and rural markets in the US. United States Cellular was founded in 1983 and is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - - - - 1 2
vol $610M $1.0B $1.6B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
AT&T - Spectrum licenses 2024-11-07 1.0B USD Divestiture
Dallas, Texas
PrimeCo Personal Communications LLC 2002-05-10 610M USD Add-on Acquisition
Itasca, Illinois · www.primeco.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 2 (100%) 1.6B (100%) - -
Total 2 $1.6B - -

By Geo

State/Country Buy Value Sell Value
United States 2 1.6B - -
  Texas 1 1.0B - -
  Illinois 1 610M - -
Total 2 $1.6B - -

Top M&A Advisors

Financial Deals
PJT Partners, Inc.
 1
Legal Deals
Cravath, Swaine & Moore
 1
Clifford Chance
 1
Wilkinson Barker Knauer
 1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 1 $610M
TOTAL $1.6B
Largest AT&T - Spectrum licenses
$1.0B (2024-11-07)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Communications

Revenue

3,906   7% 2023
4,169   2% 2022
4,122   3% 2021
4,037   1% 2020
4,022   2% 2019
3,967   2% 2018
3,890   2% 2017
3,939   2% 2016
3,997   3% 2015
3,893   1% 2014
3,918   12% 2013
4,452   2012
(millions of USD) Show More Show Less

Employees

5,300

Established

1983

Public

NYSE: USM

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