XML 37 R36.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisitions, Divestitures and Exchanges, acquisitions (Details) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2011
Businesses
Jun. 30, 2012
Licenses
Jun. 30, 2011
Licenses
Jun. 30, 2012
Licenses
700 MHz Agreement 1
Jun. 30, 2012
Licenses
700 MHz Agreement 2
Acquisitions, divestitures and exchanges              
Licenses $ 12,647,000 $ 18,392,000 $ 15,592,000 $ 12,647,000 $ 2,800,000    
Intangible assets subject to amortization   2,252,000 2,252,000        
Net tangible assets (liabilities)   6,728,000 6,728,000        
Purchase Price 12,647,000 [1] 27,372,000 [1] 24,572,000 [1] 12,647,000 [1] 2,800,000 [1]    
Date of acquisition agreement           April 17, 2012 June 19, 2012
License acquisition agreement amount           $ 34,000,000 $ 57,700,000
Acquisition agreement description           On April 17, 2012, U.S. Cellular entered into an agreement to acquire four 700 MHz licenses covering portions of Nebraska, Iowa, Missouri, Kansas and Oklahoma for $34.0 million. The acquisition requires approval from the FCC and, if approved, is expected to close in the third quarter of 2012. On June 19, 2012, U.S. Cellular entered into an agreement to acquire seven 700 MHz licenses covering portions of Illinois, Michigan, Minnesota, Missouri, Nebraska, Oregon, Washington and Wisconsin for $57.7 million. The acquisition requires approval from the Federal Communications Commission (“FCC”) and, if approved, is expected to close in the fourth quarter of 2012.
[1] Cash amounts paid for acquisitions may differ from the purchase price due to cash acquired in the transactions and the timing of cash payments related to the respective transactions.