U.S. Cellular Awarded $40 Million in the FCC's Mobility Fund Auction 901 to Bring Wireless Service to More Rural Customers
U.S. Cellular (NYSE: USM) successfully bid on 26 census tracts in the Federal Communications Commission's (FCC) September 27 Mobility Auction 901, totaling $40.1 million in funds to bring mobile broadband service to rural communities in the carrier's footprint. U.S. Cellular will extend wireless service to select counties in 10 states where it is an Eligible Telecommunications Carrier (ETC), including Illinois, Iowa, Maine, North Carolina, Oklahoma, Tennessee, Virginia, Washington, West Virginia and Wisconsin. "Making these funds available will help carriers serve more rural customers who deserve the same access that urban residents have had for many years," said Mary N. Dillon, president and CEO of U.S. Cellular. "We would like to see the FCC open up more funding to allow carriers to continue expanding their
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.