WASHINGTON, May 14 (Reuters) – The Federal Communications Commission said Thursday it has approved Verizon’s 2024 $1 billion deal to acquire some spectrum assets from U.S. Cellular to expand its network capacity and coverage.
Last year after T-Mobile acquired most of U.S. Cellular’s wireless operations and 30% of its wireless spectrum in a $4.4 billion deal, the remainder of the company changed its name to Array Digital Infrastructure.
(Reporting by David Shepardson, Editing by Franklin Paul)
