U.S. Cellular is fifth largest wireless carrier in the United States. The company serves customers with 5.0 million connections, These include 4.4 million postpaid, 0.5 million prepaid, and 0.1 million reseller connections. Overall, U.S. Cellular operates in 21 states and employs 5,300 people.
The company is controlled by Telephone And Data Systems (NYSE: TDS), which owns 82% of the company’s common stock and controls 96% of the voting power. Ultimately, Telephone And Data Systems is still under the control of the Carlson family, who founded the company in 1969.