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

 Subscribe to unlock this and 207,814
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for United States Cellular

Illinois Companies , Communications Companies , United States Companies , Illinois Communications Companies , Illinois Communications with Acquisitions , Illinois Communications with Divestitures

Related Lists for Illinois Companies

Largest Illinois Companies , Acquisitive Illinois Companies , Recently Acquired Illinois Companies , Recently Sold Illinois Companies , Private Illinois Companies , Public Illinois Companies , Acquired Illinois Companies , PE Backed Illinois Companies

Related Lists for Communications Companies

Largest Communications Companies , Acquisitive Communications Companies , Recently Acquired Communications Companies , Recently Sold Communications Companies , Private Communications Companies , Public Communications Companies , Acquired Communications Companies , PE Backed Communications Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal