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Advantage Spectrum is high bidder for 124 licenses in auction 97

January, 30, 2015

CHICAGO, Jan. 30, 2015 /PRNewswire/ -- Advantage Spectrum, LP was the high bidder for 124 licenses in the recent Federal Communications Commission (FCC) AWS-3 spectrum auction (No. 97) that concluded on Jan. 29, 2015. United States Cellular Corporation's wholly owned subsidiary, USCC Wireless Investment, Inc., is a limited partner in Advantage Spectrum, LP, a Delaware limited partnership. The net license cost for the 124 licenses acquired by Advantage Spectrum amounted to $338.3 million.

Exhibit A contains a list of the licenses. 

About U.S. Cellular
United States Cellular Corporation [NYSE: USM] provides a comprehensive range of wireless products and services, excellent customer support, and a high-quality network to 4.7 million customers in 23 states. The Chicago-based company had 6,500 full- and part-time associates as of Sept. 30, 2014. At the end of the third quarter of 2014, Telephone and Data Systems, Inc. owned 84 percent of U.S. Cellular. For more information about U.S. Cellular, visit uscellular.com.

Visit investors.uscellular.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information and more.

Exhibit A

Market

Market Name

Block

Net $/MHz Pop

Net Winning Bid Amount






BEA001

Bangor ME

I

$0.30

$1,611,750

BEA001

Bangor ME

H

$0.35

$1,875,000

BEA002

Portland ME

H

$0.41

$3,239,250

BEA002

Portland ME

I

$0.71

$5,562,750

BEA016

Staunton VA-WV

H

$0.17

$603,000

BEA017

Roanoke VA-NC-WV

H

$0.76

$6,710,250

BEA019

Raleigh-Durham-Chapel Hill NC

H

$0.77

$17,720,250

BEA021

Greenville NC

H

$0.39

$3,599,250

BEA022

Fayetteville NC

H

$0.31

$1,757,250

BEA025

Wilmington NC-SC

H

$1.00

$10,555,500

BEA042

Asheville NC

H

$0.51

$2,605,500

BEA042

Asheville NC

I

$0.87

$4,460,250

BEA044

Knoxville TN

H

$2.93

$32,370,750

BEA089

Monroe LA

I

$0.20

$660,000

BEA093

Joplin MO-KS-OK

H

$0.57

$1,608,750

BEA093

Joplin MO-KS-OK

I

$0.61

$1,715,250

BEA094

Springfield MO

H

$1.44

$14,199,000

BEA098

Columbia MO

H

$1.18

$4,779,750

BEA102

Davenport-Moline IA-IL

H

$1.44

$8,074,500

BEA120

Grand Island NE

H

$2.83

$8,157,000

BEA121

North Platte NE-CO

H

$2.72

$1,673,250

BEA123

Topeka KS

H

$0.75

$3,559,500

BEA126

Western Oklahoma OK

H

$0.13

$191,250

BEA165

Redding CA-OR

H

$0.23

$837,000

BEA166

Eugene-Springfield OR-CA

H

$0.47

$4,035,750

BEA168

Pendleton OR-WA

H

$0.25

$523,500

BEA169

Richland-Kennewick-Pasco WA

H

$0.51

$4,047,000

BEA169

Richland-Kennewick-Pasco WA

I

$0.44

$3,510,750

CMA045

Oklahoma City, OK

G

$3.75

$44,756,250

CMA098

Davenport-Rock Island, IA-IL

G

$1.79

$6,501,000

CMA131

Rockford, IL

G

$1.21

$4,214,250

CMA133

Manchester-Nashua, NH

G

$1.48

$5,935,500

CMA157

Roanoke, VA

G

$1.33

$3,356,250

CMA191

Yakima, WA

G

$0.24

$582,750

CMA203

Lynchburg, VA

G

$0.64

$1,128,750

CMA214

Richland-Kennewick-Pasco, WA

G

$0.81

$2,057,250

CMA216

Janesville-Beloit, WI

G

$0.54

$867,750

CMA218

Wilmington, NC

G

$1.20

$3,724,500

CMA229

Medford, OR

G

$0.77

$1,560,000

CMA233

Wichita Falls, TX

G

$0.82

$1,161,000

CMA244

Kenosha, WI

G

$3.38

$5,619,750

CMA256

Charlottesville, VA

G

$0.97

$1,816,500

CMA258

Jacksonville, NC

G

$0.70

$1,239,000

CMA260

Lawton, OK

G

$3.29

$4,076,250

CMA269

Cumberland, MD-WV

G

$4.00

$4,131,750

CMA278

Columbia, MO

G

$2.15

$3,501,750

CMA305

Alton-Granite City, IL

G

$2.96

$680,250

CMA336

California 1 - Del Norte

G

$0.23

$503,250

CMA337

California 2 - Modoc

G

$0.33

$216,000

CMA344

California 9 - Mendocino

G

$0.47

$718,500

CMA394

Illinois 1 - Jo Davie

G

$0.22

$754,500

CMA397

Illinois 4 - Adams

G

$1.02

$2,152,500

CMA412

Iowa 1 - Mills

G

$2.50

$1,485,000

CMA413

Iowa 2 - Union

G

$0.54

$272,250

CMA414

Iowa 3 - Monroe

G

$0.63

$567,000

CMA415

Iowa 4 - Muscatine

G

$0.80

$1,208,250

CMA416

Iowa 5 - Jackson

G

$0.33

$356,250

CMA417

Iowa 6 - Iowa

G

$0.40

$631,500

CMA418

Iowa 7 - Audubon

G

$0.66

$357,750

CMA420

Iowa 9 - Ida

G

$1.92

$1,101,000

CMA421

Iowa 10 - Humboldt

G

$0.66

$1,262,250

CMA422

Iowa 11 - Hardin

G

$0.50

$568,500

CMA423

Iowa 12 - Winneshiek

G

$0.66

$741,000

CMA425

Iowa 14 - Kossuth

G

$0.80

$801,000

CMA426

Iowa 15 - Dickinson

G

$0.59

$474,750

CMA430

Kansas 3 - Jewell

G

$0.25

$117,750

CMA431

Kansas 4 - Marshall

G

$2.05

$3,017,250

CMA435

Kansas 8 - Ellsworth

G

$0.11

$144,750

CMA436

Kansas 9 - Morris

G

$1.24

$694,500

CMA437

Kansas 10 - Franklin

G

$1.44

$1,685,250

CMA441

Kansas 14 - Reno

G

$0.22

$386,250

CMA442

Kansas 15 - Elk

G

$0.23

$351,750

CMA467

Maryland 1 - Garrett

G

$1.14

$342,000

CMA505

Missouri 2 - Harrison

G

$1.66

$575,250

CMA506

Missouri 3 - Schuyler

G

$0.66

$370,500

CMA508

Missouri 5 - Linn

G

$0.86

$586,500

CMA509

Missouri 6 - Marion

G

$0.75

$689,250

CMA514

Missouri 11 - Moniteau

G

$0.58

$966,000

CMA518

Missouri 15 - Stone

G

$0.43

$630,000

CMA519

Missouri 16 - Laclede

G

$0.42

$487,500

CMA534

Nebraska 2 - Cherry

G

$2.96

$788,250

CMA535

Nebraska 3 - Knox

G

$3.07

$3,411,000

CMA536

Nebraska 4 - Grant

G

$3.66

$1,172,250

CMA548

New Hampshire 1 - Coos

G

$0.34

$834,000

CMA549

New Hampshire 2 - Carroll

G

$0.22

$561,750

CMA566

North Carolina 2 - Yancey

G

$0.17

$318,750

CMA567

North Carolina 3 - Ashe

G

$0.40

$732,000

CMA568

North Carolina 4 - Henderson

G

$0.48

$1,983,750

CMA570

North Carolina 6 - Chatham

G

$0.29

$599,250

CMA572

North Carolina 8 - Northampton

G

$1.08

$3,345,750

CMA573

North Carolina 9 - Camden

G

$0.35

$483,750

CMA574

North Carolina 10 - Harnett

G

$1.40

$5,683,500

CMA575

North Carolina 11 - Hoke

G

$1.10

$3,030,750

CMA576

North Carolina 12 - Sampson

G

$0.83

$1,449,000

CMA577

North Carolina 13 - Greene

G

$0.34

$942,750

CMA578

North Carolina 14 - Pitt

G

$0.32

$946,500

CMA599

Oklahoma 4 - Nowata

G

$0.23

$496,500

CMA601

Oklahoma 6 - Seminole

G

$1.05

$2,397,000

CMA602

Oklahoma 7 - Beckham

G

$0.46

$618,000

CMA603

Oklahoma 8 - Jackson

G

$0.43

$391,500

CMA604

Oklahoma 9 - Garvin

G

$1.21

$2,709,750

CMA605

Oklahoma 10 - Haskell

G

$2.46

$2,060,250

CMA607

Oregon 2 - Hood River

G

$0.83

$707,250

CMA608

Oregon 3 - Umatilla

G

$0.21

$350,250

CMA610

Oregon 5 - Coos

G

$0.37

$1,005,750

CMA611

Oregon 6 - Crook

G

$0.60

$1,554,750

CMA632

South Carolina 8 - Hampton

G

$0.31

$765,000

CMA646

Tennessee 4 - Hamblen

G

$1.44

$4,776,750

CMA655

Texas 4 - Briscoe

G

$0.07

$27,750

CMA656

Texas 5 - Hardeman

G

$0.12

$91,500

CMA680

Vermont 2 - Addison

G

$0.37

$885,750

CMA682

Virginia 2 - Tazewell

G

$0.42

$565,500

CMA683

Virginia 3 - Giles

G

$0.43

$972,750

CMA684

Virginia 4 - Bedford

G

$0.39

$768,000

CMA685

Virginia 5 - Bath

G

$0.52

$328,500

CMA687

Virginia 7 - Buckingham

G

$0.21

$204,750

CMA696

Washington 4 - Grays Harbor

G

$0.47

$621,000

CMA697

Washington 5 - Kittitas

G

$0.12

$186,000

CMA698

Washington 6 - Pacific

G

$0.77

$1,560,750

CMA699

Washington 7 - Skamania

G

$0.42

$131,250

CMA703

West Virginia 3 - Monongalia

G

$1.27

$3,661,500

CMA704

West Virginia 4 - Grant

G

$2.44

$5,688,750

CMA705

West Virginia 5 - Tucker

G

$4.29

$5,524,500

CMA707

West Virginia 7 - Raleigh

G

$0.24

$600,750










$338,304,000







 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/advantage-spectrum-is-high-bidder-for-124-licenses-in-auction-97-300028704.html

SOURCE United States Cellular Corporation

Jane W. McCahon, Vice President, Corporate Relations and Corporate Secretary, (312) 592-5379, jane.mccahon@tdsinc.com, Julie D. Mathews, Manager, Investor Relations, (312) 592-5341, julie.mathews@tdsinc.com

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