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Intangible Assets | 6 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | Note 6 Intangible Assets Activity related to Licenses for the six months ended June 30, 2019, is presented below:
| Licenses
(Dollars in millions) |
Balance at December 31, 2018 | $ | 2,195 |
Acquisitions | 257 |
Exchanges - Licenses received | 26 |
Balance at June 30, 2019 | $ | 2,478 |
In June 2019, the FCC announced by way of public notice that U.S. Cellular was the provisional winning bidder for 408 wireless spectrum licenses in its 28 GHz auction (Auction 101) and 282 wireless spectrum licenses in its 24 GHz auction (Auction 102) for an aggregate purchase price of $256 million. U.S. Cellular paid substantially all of the $256 million in the first half of 2019. The wireless spectrum licenses are expected to be granted by the FCC during 2019.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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