U.S. Cellular

Flint Group Announces Strategic Partnership With General Atlantic

Retrieved on: 
Friday, August 18, 2023

Flint Group (“Flint” or the “Company”), a premier home services company, today announced a strategic investment from General Atlantic, a leading global growth investing firm.

Key Points: 
  • Flint Group (“Flint” or the “Company”), a premier home services company, today announced a strategic investment from General Atlantic, a leading global growth investing firm.
  • Founded in 2019 by industry veterans Collin Hathaway and Trevor Flannigan, Flint Group has rapidly expanded into a multi-regional residential HVAC, plumbing, and electrical services operation.
  • Trevor Flannigan, CEO of Flint Group, continued, “General Atlantic's partnership model and value-add investment ethos are well-aligned with ours.
  • “We look forward to partnering with the Flint team to capitalize on the many opportunities ahead.”
    As part of the transaction, General Atlantic advisor Alan Ferber will join the Flint board.

UScellular and Ericsson to Offer Customized Private Wireless Network

Retrieved on: 
Wednesday, August 9, 2023

CHICAGO, Aug. 9, 2023 /PRNewswire/ -- UScellular and Ericsson have teamed up to provide private wireless network solutions for a broad category of industry segments. This includes an initial focus on Industry 4.0 manufacturing, logistics, distribution and warehouse use cases; expanding into hospitals, Industrial Internet of Things (IIoT), ports, utilities, and airports. This solution incorporates Ericsson's Private 5G network portfolio with UScellular's connectivity services and provides one point of contact for all system installations and life cycle management.

Key Points: 
  • CHICAGO, Aug. 9, 2023 /PRNewswire/ -- UScellular and Ericsson have teamed up to provide private wireless network solutions for a broad category of industry segments.
  • "UScellular is growing its private network capabilities and solutions for our enterprise customers," said Kim Kerr, senior vice president, enterprise sales and operations for UScellular.
  • Ericsson Private 5G is Ericsson's next generation private network product providing secure and reliable 4G and 5G connectivity through its single server dual mode core.
  • Ericsson Private 5G is able to support and adapt to a variety of use cases, industries, and levels of complexity for enterprises.

Investigation Alert Virtu Financial, Cutera, Telephone Data Systems, Spirit AeroSystems: Johnson Fistel, LLP Encourages Long-Term Investors to Submit Their Information Below

Retrieved on: 
Tuesday, August 8, 2023

Johnson Fistel, LLP is investigating potential claims on behalf of Virtu Financial, Inc. against certain of its officers and directors.

Key Points: 
  • Johnson Fistel, LLP is investigating potential claims on behalf of Virtu Financial, Inc. against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Cutera, Inc against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Telephone and Data Systems, Inc. against certain of its officers and directors.
  • Johnson Fistel, LLP is investigating potential claims on behalf of Spirit AeroSystems Holdings, Inc. against certain of its officers and directors.

The Rocky Mount Event Center to Host First Back 2 School Jam

Retrieved on: 
Tuesday, August 8, 2023

ROCKY MOUNT, N.C., Aug. 8, 2023 /PRNewswire/ -- School is about to be in session and the Rocky Mount Event Center is ending the summer in a big way! For the first time since opening in 2018, the Downtown venue will host its first Back 2 School Jam. This community centered event will include free school supplies, food, music, activities and more.

Key Points: 
  • ROCKY MOUNT, N.C., Aug. 8, 2023 /PRNewswire/ -- School is about to be in session and the Rocky Mount Event Center is ending the summer in a big way!
  • For the first time since opening in 2018, the Downtown venue will host its first Back 2 School Jam.
  • Game Day Adventure & Arcade, the in-house family entertainment center will also be open during the Back 2 School Jam.
  • After just wrapping up its 21st sports tournament for the year and bringing in over $14 million in economic impact with over 140,000 guests into Downtown Rocky Mount that included mostly out of state guests, the Rocky Mount Event Center is looking forward to welcoming locals and surrounding counties to this fun-filled community event happening on Saturday, August 19th from 3:00 p.m.- 6:00 p.m.
    Rocky Mount Event Center Inquiries:
    To book a sports tournament at the Rocky Mount Event Center, please contact e-mail
    To book social and group events at Rocky Mount Event Center, please contact our
    Rocky Mount Event Center opened October 2018 and is managed by the industry-leading sport facility management firm, The Sports Facilities Companies.

Ooma AirDial Now Available Through UScellular Business as a Turnkey Solution to Aging Analog Phone Lines

Retrieved on: 
Tuesday, August 8, 2023

Ooma, Inc. , a smart communications platform for businesses and consumers, today announced that Ooma AirDial® is now available through UScellular Business as a turnkey solution for its customers seeking an alternative to aging and costly analog phone lines.

Key Points: 
  • Ooma, Inc. , a smart communications platform for businesses and consumers, today announced that Ooma AirDial® is now available through UScellular Business as a turnkey solution for its customers seeking an alternative to aging and costly analog phone lines.
  • Ooma AirDial ( https://www.ooma.com/airdial ) provides turnkey replacement for POTS lines by combining the Ooma AirDial base station with virtual analog phone service and a data connection through a wireless network.
  • Its multiple sales teams will now be able to sell Ooma AirDial, with contracts and billing from UScellular, accompanied by installation and support by Ooma.
  • “UScellular business customers now have a simple, flexible solution for POTS replacement that will reduce their operating costs from day one.”

UScellular reports second quarter 2023 results

Retrieved on: 
Friday, August 4, 2023

CHICAGO, Aug. 4, 2023 /PRNewswire/ --

Key Points: 
  • United States Cellular Corporation (NYSE:USM) reported total operating revenues of $957 million for the second quarter of 2023, versus $1,027 million for the same period one year ago.
  • Net income attributable to UScellular shareholders and related diluted earnings per share were $5 million and $0.05, respectively, for the second quarter of 2023 compared to $21 million and $0.25, respectively, in the same period one year ago.
  • Recent Development: On August 4, 2023, Telephone and Data Systems (TDS) and UScellular announced a process to explore a range of strategic alternatives for UScellular.
  • The 2023 Estimated Results shown below do not reflect any anticipated costs, expenses or results of the strategic review referenced above.

TDS reports second quarter 2023 results

Retrieved on: 
Friday, August 4, 2023

Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,267 million for the second quarter of 2023, versus $1,349 million for the same period one year ago.

Key Points: 
  • Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,267 million for the second quarter of 2023, versus $1,349 million for the same period one year ago.
  • Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(19) million and $(0.17), respectively, for the second quarter of 2023 compared to $18 million and $0.15, respectively, in the same period one year ago.
  • TDS' current estimates of full-year 2023 results for UScellular and TDS Telecom are shown below.
  • The 2023 Estimated Results shown below do not reflect any anticipated costs, expenses or results of the strategic review referenced above.

Telephone and Data Systems and UScellular Announce Exploration of Strategic Alternatives for UScellular

Retrieved on: 
Friday, August 4, 2023

CHICAGO, Aug. 4, 2023 /PRNewswire/ -- The boards of directors of Telephone and Data Systems, Inc. ("TDS") (NYSE: TDS) and United States Cellular Corporation ("UScellular") (NYSE: USM) have each decided to initiate a process to explore strategic alternatives for UScellular.

Key Points: 
  • CHICAGO, Aug. 4, 2023 /PRNewswire/ -- The boards of directors of Telephone and Data Systems, Inc. ("TDS") (NYSE: TDS) and United States Cellular Corporation ("UScellular") (NYSE: USM) have each decided to initiate a process to explore strategic alternatives for UScellular.
  • "The TDS board believes that now is the right time for a comprehensive review of strategic alternatives for UScellular.
  • "The UScellular leadership team and I fully support the decision to review strategic alternatives for UScellular.
  • TDS has retained Citi as its financial advisor and has retained legal counsel in connection with the review of strategic alternatives for UScellular.

Best Buy Appoints Dave Kimbell to Board of Directors

Retrieved on: 
Tuesday, August 1, 2023

Best Buy Co., Inc. has appointed David C. Kimbell, a leading specialty retail executive, to its Board of Directors, effective immediately.

Key Points: 
  • Best Buy Co., Inc. has appointed David C. Kimbell, a leading specialty retail executive, to its Board of Directors, effective immediately.
  • He also sits on its Board of Directors.
  • “Dave’s leadership experience in specialty retail and service is an incredible asset to our organization, and I am thrilled to welcome him to the Board,” said Corie Barry, Chief Executive Officer at Best Buy.
  • I am energized by the growth opportunities ahead for the Company, which shares my passion for consumer centricity and innovation,” said Dave Kimbell.

UScellular Celebrates 100,000 Home Internet Customers

Retrieved on: 
Tuesday, August 1, 2023

CHICAGO, Aug. 1, 2023 /PRNewswire/ -- UScellular has officially surpassed 100,000 Home Internet customers and is planning for additional growth over the coming years.

Key Points: 
  • CHICAGO, Aug. 1, 2023 /PRNewswire/ -- UScellular has officially surpassed 100,000 Home Internet customers and is planning for additional growth over the coming years.
  • UScellular is celebrating 100,000 Home Internet customers and is planning for more growth.
  • As UScellular continues to build out its 5G mid-band network, more customers will be able to realize the fast, dependable connectivity that Home Internet provides.
  • Additionally, UScellular offers a free Internet Setup Coach for all new customers.