Gamco decreased its stake in United States Cellular Corporation (USM)

Key Summary: United States Cellular Corp. (M.Cap: $4B) is a U.S.-based wireless telecom provider. Gamco, after years of engagement to enhance shareholder value, reduced its stake from 8.44% to 5.38% as of July 2019.

Market Cap: $4 billion | United States Cellular Corporation (U.S. Cellular) is a provider of wireless telecommunication services. The company operates all of its wireless markets within the United States.

  • In September 2012, Gamco sent a letter to the Chairman of the Board suggesting ideas to increase shareholder value.
  • On November 26, 2014, Gamco stated that it was evaluating all options to submit shareholder proposals and director nominations at the 2015 annual meeting. Source
  • On February 29, 2016, Gamco increased its stake fro

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