Intangible Assets

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 6 Intangible Assets

Activity related to Licenses for the six months ended June 30, 2019, is presented below:

	Licenses
(Dollars in millions)
Balance at December 31, 2018	$	2,186
Acquisitions	257
Exchanges - Licenses received	26
Balance at June 30, 2019	$	2,469

In June 2019, the FCC announced by way of public notice that U.S. Cellular was the provisional winning bidder for 408 wireless spectrum licenses in its 28 GHz auction (Auction 101) and 282 wireless spectrum licenses in its 24 GHz auction (Auction 102) for an aggregate purchase price of $256 million. U.S. Cellular paid substantially all of the $256 million in the first half of 2019. The wireless spectrum licenses are expected to be granted by the FCC during 2019.