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DISCONTINUED OPERATIONS - SALE OF U.S. RETAIL WIRELESS BUSINESS
12 Months Ended
Dec. 31, 2016
DISCONTINUED OPERATIONS - SALE OF U.S. RETAIL WIRELESS BUSINESS  
DISCONTINUED OPERATIONS - SALE OF U.S. RETAIL WIRELESS BUSINESS

4. DISCONTINUED OPERATIONS—SALE OF U.S. RETAIL WIRELESS BUSINESS

On September 20, 2013, the Federal Communications Commission announced its approval of the previously announced proposed sale of the Company’s U.S. retail wireless business operated under the Alltel name to AT&T Mobility LLC for approximately $780.0 million in cash plus $16.8 million in working capital. The Company previously reported the operations of this business within its U.S. Wireless segment.

 

During 2014 and 2015, the Company recognized an additional $1.1 million of gain relating to changes in certain estimates.