U.S. Cellular

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U.S. Cellular to launch 4G network by year’s end

Mary Dillon at U.S. Cellular's corporate office in Chicago in June 2010. (Stacey Wescott/Chicago Tribune)

Chicago-based wireless carrier U.S. Cellular plans to launch its 4G network by the end of the year, Chief Executive Mary Dillon said Thursday.

Responding to an audience question at a breakfast sponsored by the Executives’ Club of Chicago, Dillon said the company has recently finished trials for its 4G network, which uses a technology called Long-Term Evolution, or LTE. Verizon Wireless and AT&T use the same technology, though the latter company has yet to commercially launch its LTE network. Get the full story »

U.S. Cellular net income flat, posts operating loss

Regional cell phone company U.S. Cellular Corp. on Thursday said its fourth-quarter net income and revenue were flat with a year ago, as it continued to lose subscribers.

The company’s net income came to $6.8 million, or 8 cents per share, compared with $6.6 million, or 8 cents per share, a year earlier. Get the full story »

U.S. Cellular stock hit by 4Q results

Intense competition in the cell phone industry resulted in a difficult fourth quarter for Chicago-based U.S. Cellular Corp.

The company said Thursday that its fiscal performance in the quarter ended Dec. 31 fell below its expectations because the company had to step up promotions to retain and attract customers. U.S. Cellular lost 21,000 customers during the quarter. It finished 2010 with about 6.1 million customers.

The company gave a sneak peak at its results ahead of its earnings release on Feb. 24. Get the full story »

McDonald’s names new global brand chief

McDonald’s Corp. has named Kevin Newell executive vice president and global chief brand officer. He was previously senior vice president and restaurant support officer for McDonald’s USA, West Division. Get the full story »

TDS, U.S. Cellular profit up despite lost subscribers

Third-quarter earnings at Telephone & Data Systems Inc. and its U.S. Cellular Corp. business rose, with U.S. Cellular losing more subscribers than a year earlier.

Both companies topped analysts’ expectations and adjusted their revenue outlooks for the full year. U.S. Cellular narrowed its target while TDS raised its to $785 million to $800 million from $760 million to $790 million as the company also expects higher profit than before. Get the full story »

CUB: Ill. cell phone users overpay $359 a year

Mobile phone users in Illinois are paying hundreds of dollars every month for unused minutes and unnecessary services, the Citizens Utility Board said in a report released Monday.

CUB studied 4,400 cell bills entered into its online Cellphone Saver between August 2009 and July 2010 and determined that those consumers are overpaying by an average of $359 a year. Get the full story »

TDS, U.S. Cellular profits fall in 2Q

Second-quarter earnings at Telephone & Data Systems Inc. and its U.S. Cellular Corp. business declined, while U.S. Cellular lost fewer overall subscribers than it did a year earlier.

Earnings for both companies missed analysts’ expectations, and U.S. Cellular also lowered its guidance for full-year service revenue to $3.93 billion to $4 billion from $3.98 billion to $4.08 billion. Get the full story »

Dillon leaves McD to be U.S. Cellular’s CEO

By Wailin Wong | McDonald’s Corp. marketing chief Mary Dillon is leaving the fast food giant to take the top job at U.S. Cellular Corp., replacing John “Jack” Rooney as chief executive of the country’s sixth-largest wireless carrier.

Dillon, 48, will start her new role as president and CEO on June 1. She also will join Chicago-based U.S. Cellular’s board.

Get the full story »