Chariton Valley sells its wireless spectrum to Verizon, AT&T, USCellular

Chariton Valley Wireless, a provider in Northeastern Missouri, is selling its wireless assets to Verizon, AT&T and USCelluar. According to Federal Communications Commission filings, Verizon will receive 2 AWS-1 licenses and 2 cellular licenses. AT&T will receive 3 - 700 MHz band licenses. US Cellular will receive 2 PCS licenses. Chariton Valley also has 73 cell tower locations, according to its website. It did not respond to a request for comment as to how those assets or its wireless subscribers would be divvied up. The company also provides fixed broadband services via fiber. That part of its business will not be affected by the wireless sale; according to its website, it has more than 3,000 miles of fiber and 12,000+ fiber customers. The company had previously participated in Verizon’s LTE in Rural America (LRA) program. Verizon will acquire not only the aforementioned spectrum, but “the wireless network assets of Chariton Valley’s LTE in Rural America (LRA) wireless network.” Kirby Underberg, CEO of Chariton Valley, stated, “Entering this agreement will best serve our wireless customers in the long term. Chariton Valley looks forward to continued fiber growth providing services to unserved and underserved areas.”