US Cellular Files 8-K: Other Events & Financials
Ticker: UZD · Form: 8-K · Filed: May 28, 2024 · CIK: 821130
| Field | Detail |
|---|---|
| Company | United States Cellular Corp (UZD) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1, $4,400,000,000, $2,000,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-filing, financials
TL;DR
US Cellular dropped an 8-K on 5/28 - check it for other events and financials.
AI Summary
On May 28, 2024, United States Cellular Corporation filed an 8-K report detailing other events and financial statements. The company, incorporated in Delaware with its principal office in Chicago, IL, is involved in radio telephone communications.
Why It Matters
This filing provides an update on United States Cellular Corporation's corporate activities and financial reporting, which is crucial for investors to stay informed about the company's status.
Risk Assessment
Risk Level: low — This is a routine filing of an 8-K report, which typically contains standard corporate disclosures and does not indicate any immediate or significant risks.
Key Players & Entities
- UNITED STATES CELLULAR CORP (company) — Registrant
- May 28, 2024 (date) — Earliest event reported
- Chicago, IL (location) — Business Address
- Delaware (location) — State of Incorporation
FAQ
What is the primary business of United States Cellular Corporation?
United States Cellular Corporation is primarily involved in radio telephone communications, as indicated by its Standard Industrial Classification code 4812.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 28, 2024.
Where is the principal business address of United States Cellular Corporation?
The principal business address of United States Cellular Corporation is 8410 West Bryn Mawr Ave, Suite 700, Chicago, IL 60631.
In which state was United States Cellular Corporation incorporated?
United States Cellular Corporation was incorporated in Delaware.
What type of SEC filing is this report?
This report is a Form 8-K, which is a Current Report filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 591 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-05-28 07:41:34
Key Financial Figures
- $1 — ge on which registered Common Shares, $1 par value USM New York Stock Exchan
- $4,400,000,000 — se Agreement, (the "Purchase Price") of $4,400,000,000, payable in cash and the assumption of
- $2,000,000,000 — d the assumption of up to approximately $2,000,000,000 in debt (the "Transaction") and (ii) ma
Filing Documents
- tm2415626d1_8k.htm (8-K) — 34KB
- tm2415626d1_ex99-1.htm (EX-99.1) — 24KB
- tm2415626d1_ex99-2.htm (EX-99.2) — 23KB
- tm2415626d1_8kimg001.jpg (GRAPHIC) — 3KB
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- tm2415626d1_ex99-2img008.jpg (GRAPHIC) — 177KB
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- tm2415626d1_ex99-2img011.jpg (GRAPHIC) — 144KB
- tm2415626d1_ex99-2img012.jpg (GRAPHIC) — 63KB
- tm2415626d1_ex99-2img013.jpg (GRAPHIC) — 46KB
- 0001104659-24-065327.txt ( ) — 3092KB
- usm-20240528.xsd (EX-101.SCH) — 4KB
- usm-20240528_def.xml (EX-101.DEF) — 27KB
- usm-20240528_lab.xml (EX-101.LAB) — 39KB
- usm-20240528_pre.xml (EX-101.PRE) — 26KB
- tm2415626d1_8k_htm.xml (XML) — 7KB
01. Other Events
Item 8.01. Other Events On May 28, 2024, United States Cellular Corporation ("UScellular") (i) issued a press release announcing that its board of directors unanimously approved the execution of a Securities Purchase Agreement (the "Purchase Agreement") by and among Telephone and Data Systems, Inc., UScellular, T-Mobile US, Inc. ("Buyer") and USCC Wireless Holdings, LLC, pursuant to which, among other things, UScellular has agreed to sell its wireless operations and select spectrum assets to Buyer for a purchase price, subject to adjustment as specified in the Purchase Agreement, (the "Purchase Price") of $4,400,000,000, payable in cash and the assumption of up to approximately $2,000,000,000 in debt (the "Transaction") and (ii) made available an investor presentation with regard to the Transaction. A copy of the press release is furnished herewith as Exhibit 99.1 and a copy of the investor presentation is furnished herewith as Exhibit 99.2; both documents are incorporated in this Item 8.01 by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) The following exhibits are being filed herewith: Exhibit Number Description of Exhibits 99.1 Press Release, dated May 28, 2024 99.2 Investor Presentation, dated May 28, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED STATES CELLULAR CORPORATION Date: May 28, 2024 By: /s/ Douglas W. Chambers Douglas W. Chambers Executive Vice President, Chief Financial Officer and Treasurer