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ed services or cloud services. 6. Sale and Leaseback Tkansactions the net proceeds of which are at least equal to the fair value, as determined by the Board of Directors of U.S. Cellular, of the property leased pursuant to such Sale and Leaseback Transaction, so long as within 270 days of the effective date of such
luding the risk factors incorporated by reference from Part I, Item lA of our most recent Annual Report on Form 10-K, as may be updated by Part II, Item IA of our Quarterly Reports on Form 10-Q and other SEC filings filed after such Annual Report, which are incorporated by reference herein. See "Where Y
sh on hand directly related to the funds received from the sale. 31 EFTA00791852 Table of Contents Share Repurchase Program On March 10, 2015, the Board of Directors authorized the Company to repurchase up to 525.0 million of the Company's common stock. As of June 30, 2018 . the Company has 51.9 million in aggreg
iscussed in this report and in the Company's Form 10-K for the year ended March 31, 2018 , including, but not limited to, any discussions in Part I, Item IA, "Risk Factors" (as supplemented by any subsequent disclosures in information the Company files with or furnishes to the SEC from time to time), man
if applicable, the records of the Depositary referred to below under "Description of Depositary Shares") on such record dates as shall be fixed by the Board of Directors. Dividends on any series of Preferred Stock may be cumulative or non- cumulative. The Company's ability to pay dividends on its Preferred Stock is s
any of our securities, in addition to the other information in this prospectus, you should carefully consider the risk factors contained in Part I, Item IA under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 and in our 2014 Annual Report to Sha
Entities connected to both the Board of Directors and Item IA

United States
LOCATION
New York
LOCATION
Eric Holder
PERSONthe Securities and Exchange Commission
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONthe State of New York
LOCATION
United Kingdom
LOCATION
Ontario
LOCATIONthe District of Columbia
LOCATION
BofA Merrill Lynch
ORGANIZATIONIncorporation
ORGANIZATION
Exchange
ORGANIZATIONMorgan Stanley & Co. LLC
ORGANIZATIONthe City of New York
LOCATION
Morgan Stanley
ORGANIZATIONthe New York Stock Exchange, Inc.
ORGANIZATIONIndebtedness
ORGANIZATIONthe New York Banking Law
ORGANIZATION
Bermuda
LOCATIONthe Global Security
ORGANIZATION