Spectrum Auction Economics
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UScellular

Filed as: UNITED STATES CELLULAR CORPORATION, United States Cellular Corporation

Total Spend (real)$3.10B
Nominal$2.61B
Licenses Won2,026
Auctions8

By auction

AuctionYearLicensesSpend (real)
1002 600MHz2017188$429.1M
101 28GHz2019408$162.0M
102 24GHz2019282$158.4M
103 37/39/472020237$180.9M
105 CBRS2020243$16.7M
107 C-band2021254$1.51B
108 2.5GHz202234$3.8M
110 3.452022380$633.8M

By band

Mid-band (1–6 GHz)Mid-band (1–6 GHz): $2.17B, 12,994 MHz wonLow-band (<1 GHz)Low-band (<1 GHz): $429.1M, 1,880 MHz wonmmWave (>20 GHz)mmWave (>20 GHz): $501.3M, 225,300 MHz won

Top markets (normalized across geography types)

Milwaukee-Racine WIMilwaukee-Racine WI: $562.6M across 6 auction(s)$562.6MDes Moines IA-IL-MODes Moines IA-IL-MO: $213.1M across 7 auction(s)$213.1MTulsa OK-KSTulsa OK-KS: $160.8M across 6 auction(s)$160.8MKnoxville TNKnoxville TN: $157.7M across 5 auction(s)$157.7MOklahoma City OKOklahoma City OK: $133.9M across 6 auction(s)$133.9MMadison WI-IL-IAMadison WI-IL-IA: $119.3M across 7 auction(s)$119.3MChicago-Gary-Kenosha IL-IN-WIChicago-Gary-Kenosha IL-IN-WI: $101.9M across 6 auction(s)$101.9MOmaha NE-IA-MOOmaha NE-IA-MO: $92.0M across 6 auction(s)$92.0MWash.-Balt. DC-MD-VA-WV-PAWash.-Balt. DC-MD-VA-WV-PA: $88.1M across 7 auction(s)$88.1MPortland MEPortland ME: $86.8M across 6 auction(s)$86.8M