UScellular Launches 5G Mid-Band Network

CHICAGO (June 22, 2023) – UScellular today announced the launch of its 5G mid-band network, with customers in parts of 10 states who now have access to the benefits of the company’s faster and stronger network. UScellular’s 5G mid-band technology combined with a mid-band enabled device can provide up to 10x faster speeds than its 4G LTE network and low-band 5G. This technology has more capacity, enhances the mobile experience, and has business and fixed wireless applications.

By the end of June, UScellular’s 5G mid-band network will be available mainly in parts of Illinois, Iowa and Wisconsin, including sections of Rockford, Ill., Des Moines, Iowa and Milwaukee. Communities in Maine, Missouri, Nebraska, Oklahoma, Oregon, Virginia and Washington are also included in the initial rollout. By the end of the year, the company plans to cover more than 1 million households in its operating footprint with its 5G mid-band network.

“We view mid-band as the sweet spot of 5G because it provides broad coverage, low latency and fast speeds – enabling more people to connect to what matters most at home or on-the-go,” said Mike Irizarry, executive vice president and chief technology officer for UScellular. “As we approach serving 100,000 High-Speed Internet customers later this summer, mid-band will play an important role in furthering the reach and enhancement of that product. We’ve made it a priority to expand the technology to more communities in the coming years.”

Broader 5G coverage with mid-band technology provides customers and businesses with even faster data connection speeds for a better experience. UScellular will continue to expand its device portfolio, including adding more options for its High-Speed Internet product and additional IoT devices, to further enhance its mobile and fixed connectivity offerings.

UScellular now offers customers low-band, mid-band and high-band mmWave 5G speeds and services. The company expects nearly 3 million households in its operating footprint will have access to 5G mid-band connectivity by the end of 2024.

UScellular’s 5G mid-band network is using 3.45 GHz spectrum that was purchased through Auction 110 granted in 2022. The company is partnering with Nokia and Ericsson for its mid-band buildout.

For more news and information about UScellular, go to newsroom.uscellular.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:  All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and assumptions, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include, but are not limited to: intense competition; the ability to attract people of outstanding talent throughout all levels of the organization; UScellular's smaller scale relative to larger competitors; the ability to obtain or maintain roaming arrangements with other carriers on acceptable terms and changes in roaming practices; the ability to obtain access to adequate radio spectrum to meet current or anticipated future needs, including participation in FCC auctions; changes in demand, consumer preferences and perceptions, price competition, or churn rates; advances in technology; impacts of costs, integration problems or other factors associated with acquisitions, divestitures or exchanges of properties or wireless spectrum licenses and/or expansion of UScellular's businesses; the ability of the company to successfully construct and manage its networks; difficulties involving third parties with which UScellular does business; uncertainties in UScellular's future cash flows and liquidity and access to the capital markets; the ability to make payments on UScellular indebtedness or comply with the terms of debt covenants; conditions in the U.S. telecommunications industry; the value of assets and investments; the state and federal regulatory environment; pending and future litigation; cyber-attacks or other breaches of network or information technology security; potential conflicts of interests between TDS and UScellular; disruption in credit or other financial markets; deterioration of U.S. or global economic conditions; and the impact, duration and severity of public health emergencies. Investors are encouraged to consider these and other risks and uncertainties that are more fully described under "Risk Factors" in the most recent filing of UScellular's Form 10-K, as updated by any UScellular Form 10-Q filed subsequent to such Form 10-K.

About UScellular
UScellular is the fourth-largest full-service wireless carrier in the United States, providing national network coverage and industry-leading innovations designed to help customers stay connected to the things that matter most. The Chicago-based carrier provides a strong, reliable network supported by the latest technology and offers a wide range of communication services that enhance consumers’ lives, increase the competitiveness of local businesses and improve the efficiency of government operations. Through its After School Access Project, the company has pledged to provide hotspots and service to help up to 50,000 youth connect to reliable internet. Additionally, UScellular has price protected all of its plans, promising not to increase prices through at least the end of 2024. To learn more about UScellular, visit one of its retail stores or www.uscellular.com. To get the latest news, visit newsroom.uscellular.com.