Who will buy UScellular?
Late last week, the parent company of UScellular, Telephone and Data Systems (TDS), announced it would “initiate a process to explore strategic alternatives for UScellular.” Meaning, it would put UScellular’s assets up for sale. Investors cheered the news. Shares in TDS and UScellular spiked roughly 60% after the announcement. The move was largely unexpected. TDS is […]