UScellular reports fourth quarter and full year 2024 results

Published: 2025-02-21 07:32:07 ET USM

As previously announced, UScellular will hold a teleconference on February 21, 2025 at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.uscellular.com.

CHICAGO, Feb. 21, 2025 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) reported total operating revenues of $970 million for the fourth quarter of 2024, versus $1,000 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $5 million and $0.05, respectively, for the fourth quarter of 2024 compared to $14 million and $0.16, respectively, in the same period one year ago.

UScellular reported total operating revenues of $3,770 million and $3,906 million for the years ended 2024 and 2023, respectively. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(39) million and $(0.46), respectively, for the year ended 2024 compared to $54 million and $0.63, respectively, for the year ended 2023.

Net income attributable to UScellular shareholders excluding a third quarter 2024 license impairment (non-GAAP) of $136 million ($102 million, net of tax) and related diluted earnings per share excluding a third quarter 2024 license impairment (non-GAAP) were $63 million and $0.71, respectively, for the year ended 2024 compared to $54 million and $0.63, respectively, for the year ended 2023. Substantially all of the impairment loss was related to the retained high-band spectrum unit of accounting which includes the 28 GHz, 37 GHz and 39 GHz frequency bands.

Full-year 2024 Highlights*

*Comparisons are Year Ended December 31, 2024 to Year Ended December 31, 2023

"In 2024, UScellular made significant progress in enhancing shareholder value, while remaining steadfast in its mission of connecting people to what matters most," said Laurent Therivel, UScellular President and CEO. "We also maintained strong financial discipline resulting in solid growth in profitability and free cash flow.

"While subscriber results remained negative, we saw meaningful improvement in postpaid and prepaid additions in the third and fourth quarters of 2024. We intend to build on this momentum and will continue to invest in our customers and our network while working towards closing the transactions that we have previously announced."

Announced Transactions

On May 24, 2024, Telephone and Data Systems, Inc. (TDS) and UScellular entered into a Securities Purchase Agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile US, Inc. (T-Mobile). The transaction is expected to close in mid-2025, subject to regulatory approval and the satisfaction of customary closing conditions.

On October 17, 2024, UScellular, and certain subsidiaries of UScellular, entered into a License Purchase Agreement with Verizon Communications, Inc. (Verizon) to sell certain AWS, Cellular and PCS wireless spectrum licenses, subject to receipt of regulatory approvals, and agreed to grant Verizon certain rights to lease such licenses prior to the transaction close. Additionally, UScellular also entered into agreements with Nsight Spectrum, LLC and Nex-Tech Wireless, LLC for the sale of select spectrum licenses.

On November 6, 2024, UScellular, and certain subsidiaries of UScellular, entered into a License Purchase Agreement with New Cingular Wireless PCS, LLC (AT&T), a subsidiary of AT&T Inc. to sell certain 3.45 GHz and 700 MHz wireless spectrum licenses, subject to receipt of regulatory approvals, and agreed to grant AT&T certain rights to lease and sub-lease such licenses prior to the transaction close.

Due to the pending transaction with T-Mobile, UScellular is not providing 2025 financial guidance.

Stock Repurchase

During 2024, UScellular repurchased 939,999 of its Common Shares for $55 million.

Conference Call Information

UScellular will hold a conference call on February 21, 2025 at 9:00 a.m. Central Time.

Before the call, certain financial and statistical information to be discussed during the call will be posted to investors.uscellular.com. The call will be archived on the Events & Presentations page of investors.uscellular.com.

About UScellular

United States Cellular Corporation provides a comprehensive range of wireless products and services, excellent customer support, and a high-quality network to customers with 4.4 million retail connections in 21 states. The Chicago-based company had 4,100 full- and part-time associates as of December 31, 2024. At the end of the fourth quarter of 2024, TDS owned approximately 83% of UScellular. For more information about UScellular, visit uscellular.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and assumptions, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include, but are not limited to: whether the announced transactions whereby UScellular has agreed to sell its wireless operations and selected spectrum assets will be successfully completed or whether UScellular will be able to find buyers at mutually agreeable prices for its remaining spectrum assets; whether any such strategic alternative will result in additional value for UScellular and its shareholders and whether the process will have an adverse impact on UScellular's business; if the announced transactions are not successfully completed there may be substantial changes in which the wireless business is conducted; if the announced transactions are successfully completed, substantial costs will be triggered and changes required in the manner in which UScellular's remaining business is conducted; strategic decisions regarding the tower business; intense competition; the ability to attract people of outstanding talent throughout all levels of the organization; UScellular's lack of scale relative to larger competitors; the ability to obtain or maintain roaming arrangements with other carriers on acceptable terms and changes in roaming practices; the ability to obtain access to adequate radio spectrum to meet current or anticipated future needs, including participation in FCC auctions; changes in demand, consumer preferences and perceptions, price competition, or churn rates; advances in technology; impacts of costs, integration problems or other factors associated with acquisitions, divestitures or exchanges of properties or wireless spectrum licenses and/or expansion of UScellular's businesses; the ability of the company to successfully construct and manage its networks; difficulties involving third parties with which UScellular does business; uncertainties in UScellular's future cash flows and liquidity and access to the capital markets; the ability to make payments on UScellular indebtedness or comply with the terms of debt covenants; conditions in the U.S. telecommunications industry; the value of assets and investments; the state and federal regulatory environment, including changes in regulatory support received and the ability to pass through certain regulatory fees to customers; pending and future litigation; cyber-attacks or other breaches of network or information technology security; potential conflicts of interests between TDS and UScellular; disruption in credit or other financial markets; deterioration of U.S. or global economic conditions; and the impact, duration and severity of public health emergencies. Investors are encouraged to consider these and other risks and uncertainties that are more fully described under "Risk Factors" in the most recent filing of UScellular's Form 10-K.

United States Cellular CorporationSummary Operating Data (Unaudited)

As of or for the Quarter Ended

12/31/2024

9/30/2024

6/30/2024

3/31/2024

12/31/2023

Retail Connections

Postpaid

Total at end of period1

3,985,000

3,999,000

4,027,000

4,051,000

4,106,000

Gross additions

140,000

123,000

117,000

106,000

129,000

Handsets

93,000

84,000

73,000

63,000

80,000

Connected devices

47,000

39,000

44,000

43,000

49,000

Net additions (losses)1

(14,000)

(28,000)

(24,000)

(44,000)

(50,000)

Handsets

(19,000)

(28,000)

(29,000)

(47,000)

(53,000)

Connected devices

5,000

—

5,000

3,000

ARPU2

$ 51.73

$ 52.04

$ 51.45

$ 51.96

$ 51.61

ARPA3

$ 131.10

$ 131.81

$ 130.41

$ 132.00

$ 131.63

Handset upgrade rate4

4.8 %

3.5 %

4.1 %

4.5 %

5.8 %

Churn rate5

1.29 %

1.25 %

1.16 %

1.22 %

1.44 %

Handsets

1.08 %

1.07 %

0.97 %

1.03 %

1.22 %

Connected devices

2.67 %

2.47 %

2.52 %

3.03 %

Prepaid

Total at end of period1

448,000

452,000

439,000

436,000

451,000

Gross additions

46,000

57,000

50,000

41,000

43,000

Net additions (losses)1

(4,000)

13,000

3,000

(13,000)

(11,000)

ARPU2, 6

$ 30.59

$ 32.01

$ 32.37

$ 32.25

$ 32.32

Churn rate5

3.70 %

3.30 %

3.60 %

4.06 %

3.87 %

Market penetration at end of period

Consolidated operating population

32,550,000

32,350,000

Consolidated operating penetration7

15 %

14 %

15 %

Capital expenditures (millions)

$ 162

$ 120

$ 165

$ 131

$ 148

Total cell sites in service

7,010

7,007

6,990

6,995

7,000

Owned towers

4,409

4,407

4,388

4,382

4,373

Number of colocations8

2,444

2,418

2,392

2,397

2,390

Tower tenancy rate9

1.55

Due to rounding, the sum of quarterly results may not equal the total for the year.

First quarter 2024 connections were adjusted to remove subscribers that could no longer access the UScellular network due to the CDMA shutdown. This resulted in 11,000 and 2,000 subscribers removed from the postpaid and prepaid base, respectively, that are not included in Net additions (losses) for the quarter.

Average Revenue Per User (ARPU) - metric is calculated by dividing a revenue base by an average number of connections and by the number of months in the period. These revenue bases and connection populations are shown below:

Average Revenue Per Account (ARPA) - metric is calculated by dividing total postpaid service revenues by the average number of postpaid accounts and by the number of months in the period.

Handset upgrade rate calculated as total handset upgrade transactions divided by average postpaid handset connections.

Churn rate represents the percentage of the connections that disconnect service each month. These rates represent the average monthly churn rate for each respective period.

Fourth quarter 2023 Prepaid ARPU excludes a $6 million reduction of prepaid revenue related to an adjustment to correct a prior period error recorded in the fourth quarter of 2023.

Market penetration is calculated by dividing the number of wireless connections at the end of the period by the total estimated population of consolidated operating markets.

Represents instances where a third-party wireless carrier rents or leases space on a company-owned tower.

Average number of tenants that lease space on company-owned towers, measured on a per-tower basis.

United States Cellular Corporation

Consolidated Statement of Operations Highlights (Unaudited)

Three Months Ended

December 31,

Year Ended

December 31,

2024

2023

2024 vs.2023

2024

2023

2024 vs. 2023

(Dollars and shares in millions, except per share amounts)

Operating revenues

Service

$ 742

$ 755

(2) %

$ 2,987

$ 3,044

(2) %

Equipment sales

228

245

(7) %

783

862

(9) %

Total operating revenues

970

1,000

(3) %

3,770

3,906

(3) %

Operating expenses

System operations (excluding Depreciation, amortization and accretion reported below)

182

183

(1) %

724

740

(2) %

Cost of equipment sold

276

280

(1) %

906

988

(8) %

Selling, general and administrative

353

349

1 %

1,330

1,368

(3) %

Depreciation, amortization and accretion

165

166

—

665

656

1 %

Loss on impairment of licenses

—

136

—

N/M

(Gain) loss on asset disposals, net

3 %

(Gain) loss on license sales and exchanges, net

(1)

(2)

59 %

(2)

N/M

Total operating expenses

979

—

3,782

3,767

—

Operating income (loss)

(9)

N/M

(12)

139

N/M

Investment and other income (expense)

Equity in earnings of unconsolidated entities

3 %

161

158

2 %

Interest and dividend income

29 %

19 %

Interest expense

(46)

(49)

8 %

(183)

(196)

7 %

Total investment and other income (expense)

(5)

(10)

53 %

(10)

(28)

63 %

Income (loss) before income taxes

(14)

N/M

(22)

111

N/M

Income tax expense (benefit)

(19)

(4)

N/M

(82) %

Net income (loss)

(66) %

(32)

N/M

Less: Net income attributable to noncontrolling interests, net of tax

—

86 %

N/M

Net income (loss) attributable to UScellular shareholders

$ 5

$ 14

(68) %

$ (39)

$ 54

N/M

Basic weighted average shares outstanding

—

1 %

Basic earnings (loss) per share attributable to UScellular shareholders

$ 0.05

$ 0.17

(68) %

$ (0.46)

$ 0.64

N/M

Diluted weighted average shares outstanding

1 %

(1) %

Diluted earnings (loss) per share attributable to UScellular shareholders

$ 0.05

$ 0.16

(69) %

$ (0.46)

$ 0.63

N/M

N/M - Percentage change not meaningful

United States Cellular Corporation

Consolidated Statement of Cash Flows

(Unaudited)

Year Ended December 31,

2024

2023

(Dollars in millions)

Cash flows from operating activities

Net income (loss)

$ (32)

$ 58

Add (deduct) adjustments to reconcile net income (loss) to net cash flows from operating activities

Depreciation, amortization and accretion

665

656

Bad debts expense

104

Stock-based compensation expense

Deferred income taxes, net

(27)

Equity in earnings of unconsolidated entities

(161)

(158)

Distributions from unconsolidated entities

169

150

Loss on impairment of licenses

136

—

(Gain) loss on asset disposals, net

(Gain) loss on license sales and exchanges, net

(2)

Other operating activities

Changes in assets and liabilities from operations

Accounts receivable

(11)

Equipment installment plans receivable

(37)

(20)

Inventory

Accounts payable

(19)

(85)

Customer deposits and deferred revenues

(9)

Accrued taxes

(4)

—

Other assets and liabilities

(4)

—

Net cash provided by operating activities

883

866

Cash flows from investing activities

Cash paid for additions to property, plant and equipment

(537)

(608)

Cash paid for licenses

(20)

(130)

Other investing activities

Net cash used in investing activities

(556)

(721)

Cash flows from financing activities

Issuance of long-term debt

315

Repayment of long-term debt

(248)

(453)

Repayment of short-term debt

—

(60)

Common Shares reissued for stock-based compensation awards, net of tax payments

(11)

(6)

Repurchase of Common Shares

(54)

—

Payment of debt issuance costs

—

(1)

Distributions to noncontrolling interests

(5)

(3)

Cash paid for software license agreements

(66)

Other financing activities

(3)

—

Net cash used in financing activities

(347)

(274)

Net decrease in cash, cash equivalents and restricted cash

(20)

(129)

Cash, cash equivalents and restricted cash

Beginning of period

179

308

End of period

$ 159

$ 179

United States Cellular Corporation

Consolidated Balance Sheet Highlights

(Unaudited)

ASSETS

December 31,

2024

2023

(Dollars in millions)

Current assets

Cash and cash equivalents

$ 144

$ 150

Accounts receivable, net

955

957

Inventory, net

179

199

Prepaid expenses

Income taxes receivable

—

Other current assets

Total current assets

1,345

1,400

Assets held for sale

—

Licenses

4,579

4,693

Investments in unconsolidated entities

454

461

Property, plant and equipment, net

2,502

2,576

Operating lease right-of-use assets

926

915

Other assets and deferred charges

643

690

Total assets

$ 10,449

$ 10,750

United States Cellular Corporation

Consolidated Balance Sheet Highlights

(Unaudited)

LIABILITIES AND EQUITY

December 31,

2024

2023

(Dollars in millions, except per share amounts)

Current liabilities

Current portion of long-term debt

$ 22

$ 20

Accounts payable

242

248

Customer deposits and deferred revenues

238

229

Accrued taxes

Accrued compensation

Short-term operating lease liabilities

141

135

Other current liabilities

118

154

Total current liabilities

884

901

Deferred liabilities and credits

Deferred income tax liability, net

728

755

Long-term operating lease liabilities

822

831

Other deferred liabilities and credits

570

565

Long-term debt, net

2,837

3,044

Noncontrolling interests with redemption features

Equity

UScellular shareholders' equity

Series A Common and Common Shares, par value $1.00 per share

Additional paid-in capital

1,783

1,726

Treasury shares

(112)

(80)

Retained earnings

2,818

2,892

Total UScellular shareholders' equity

4,577

4,626

Noncontrolling interests

Total equity

4,592

4,642

Total liabilities and equity

$ 10,449

$ 10,750

United States Cellular Corporation

Segment Results

(Unaudited)

Three Months Ended

December 31,

Year EndedDecember 31,

UScellular

2024

2023

2024vs. 2023

2024

2023

2024

vs. 2023

(Dollars in millions)

Operating Revenues

Wireless

$ 944

$ 975

(3) %

$ 3,667

$ 3,805

(4) %

Towers

3 %

234

228

3 %

Intra-company eliminations

(33)

(32)

(3) %

(131)

(127)

(3) %

Total operating revenues

970

1,000

(3) %

3,770

3,906

(3) %

Operating expenses

Wireless

971

975

—

3,757

3,743

—

Towers

12 %

156

151

3 %

Intra-company eliminations

(33)

(32)

(3) %

(131)

(127)

(3) %

Total operating expenses

979

—

3,782

3,767

—

Operating income (loss)

$ (9)

$ 21

N/M

$ (12)

$ 139

N/M

Adjusted OIBDA (Non-GAAP)

$ 167

$ 194

(14) %

$ 845

$ 818

3 %

Adjusted EBITDA (Non-GAAP)

$ 208

$ 233

(11) %

$ 1,018

$ 986

3 %

Capital expenditures

$ 162

$ 148

9 %

$ 577

$ 611

(6) %

N/M - Percentage change not meaningful

United States Cellular Corporation

Segment Results

(Unaudited)

Three Months Ended

December 31,

Year EndedDecember 31,

UScellular Wireless

2024

2023

2024vs. 2023

2024

2023

2024

vs. 2023

(Dollars in millions)

Retail service

$ 661

$ 678

(3) %

$ 2,674

$ 2,742

(2) %

Other

7 %

210

201

5 %

Service revenues

716

730

(2) %

2,884

2,943

(2) %

Equipment sales

228

245

(7) %

783

862

(9) %

Total operating revenues

944

975

(3) %

3,667

3,805

(4) %

System operations (excluding Depreciation, amortization and accretion reported below)

195

197

(1) %

777

794

(2) %

Cost of equipment sold

276

280

(1) %

906

988

(8) %

Selling, general and administrative

344

340

1 %

1,298

1,334

(3) %

Depreciation, amortization and accretion

153

155

—

620

610

1 %

Loss on impairment of licenses

—

136

—

N/M

(Gain) loss on asset disposals, net

(37) %

(11) %

(Gain) loss on license sales and exchanges, net

(1)

(2)

59 %

(2)

N/M

Total operating expenses

971

975

—

3,757

3,743

—

Operating income (loss)

$ (27)

$ —

N/M

$ (90)

$ 62

N/M

Adjusted OIBDA (Non-GAAP)

$ 137

$ 164

(16) %

$ 719

$ 697

3 %

Adjusted EBITDA (Non-GAAP)

$ 137

$ 164

(16) %

$ 719

$ 697

3 %

Capital expenditures

$ 154

$ 127

21 %

$ 554

$ 580

(5) %

Three Months Ended

December 31,

Year EndedDecember 31,

UScellular Towers

2024

2023

2024 vs. 2023

2024

2023

2024

vs. 2023

(Dollars in millions)

Third-party revenues

$ 26

$ 25

4 %

$ 103

$ 101

2 %

Intra-company revenues

3 %

131

127

3 %

Total tower revenues

3 %

234

228

3 %

System operations (excluding Depreciation, amortization and accretion reported below)

11 %

6 %

Selling, general and administrative

2 %

(5) %

Depreciation, amortization and accretion

—

(1) %

(Gain) loss on asset disposals, net

—

(2)

N/M

(2)

N/M

Total operating expenses

12 %

156

151

3 %

Operating income

$ 18

$ 21

(11) %

$ 78

$ 77

2 %

Adjusted OIBDA (Non-GAAP)

$ 30

—

$ 126

$ 121

4 %

Adjusted EBITDA (Non-GAAP)

$ 30

—

$ 126

$ 121

4 %

Capital expenditures

$ 8

$ 21

(62) %

$ 23

$ 31

(24) %

N/M - Percentage change not meaningful

United States Cellular Corporation

Financial Measures

(Unaudited)

Free Cash Flow

Three Months Ended

December 31,

Year Ended

December 31,

UScellular

2024

2023

2024

2023

(Dollars in millions)

Cash flows from operating activities (GAAP)

$ 121

$ 148

$ 883

$ 866

Cash paid for additions to property, plant and equipment

(139)

(155)

(537)

(608)

Cash paid for software license agreements

(35)

(37)

(66)

Free cash flow (Non-GAAP)1

$ (53)

$ (44)

$ 280

$ 192

Free cash flow is a non-GAAP financial measure which UScellular believes may be useful to investors and other users of its financial information in evaluating liquidity, specifically, the amount of net cash generated by business operations after deducting Cash paid for additions to property, plant and equipment and Cash paid for software license agreements.

Licenses impairment, net of tax

The following non-GAAP financial measure isolates the total effects on net income of the Loss on impairment of licenses, including tax impacts. UScellular believes this measure may be useful to investors and other users of its financial information to assist in comparing financial results with periods that were not impacted by impairment charges.

Three Months Ended

December 31,

Year EndedDecember 31,

2024

2023

2024

2023

(Dollars in millions)

Net income (loss) attributable to UScellular shareholders (GAAP)

$ 5

$ 14

$ (39)

$ 54

Adjustments:

Loss on impairment of licenses

—

136

—

Deferred tax benefit on the tax-amortizable portion of the impaired licenses

—

(34)

—

Subtotal of Non-GAAP adjustments

—

102

—

Net income attributable to UScellular shareholders excludinglicenses impairment charge (Non-GAAP)

$ 5

$ 14

$ 63

$ 54

Diluted weighted average shares outstanding used for diluted earnings (loss) per share attributable to UScellular shareholders

Diluted weighted average shares outstanding used for diluted earnings per share attributable to UScellular shareholders excluding licenses impairment charge

Diluted earnings (loss) per share attributable to UScellular shareholders (GAAP)

$ 0.05

$ 0.16

$ (0.46)

$ 0.63

Adjustments:

Loss on impairment of licenses

—

1.55

—

Deferred tax benefit on the tax-amortizable portion of the impaired licenses

—

(0.38)

—

Diluted earnings per share attributable to UScellular shareholders excluding licenses impairment charge (Non-GAAP)

$ 0.05

$ 0.16

$ 0.71

$ 0.63

United States Cellular Corporation

EBITDA, Adjusted EBITDA and Adjusted OIBDA

(Unaudited)

The following tables reconcile EBITDA, Adjusted EBITDA and Adjusted OIBDA to the corresponding GAAP measures, Net income (loss) and Income (loss) before income taxes. Income and expense items below Operating income (loss) are not provided at the individual segment level for Wireless and Towers; therefore, the reconciliations begin with EBITDA and the most directly comparable GAAP measure is Operating income (loss) rather than Net income (loss) at the segment level.

Three Months Ended

December 31,

Year Ended

December 31,

UScellular

2024

2023

2024

2023

(Dollars in millions)

Net income (loss) (GAAP)

$ 5

$ 15

$ (32)

$ 58

Add back or deduct:

Income tax expense (benefit)

(19)

(4)

Income (loss) before income taxes (GAAP)

(14)

(22)

111

Add back:

Interest expense

183

196

Depreciation, amortization and accretion

165

166

665

656

EBITDA (Non-GAAP)

197

226

826

963

Add back or deduct:

Expenses related to strategic alternatives review

Loss on impairment of licenses

—

136

—

(Gain) loss on asset disposals, net

(Gain) loss on license sales and exchanges, net

(1)

(2)

Adjusted EBITDA (Non-GAAP)

208

233

1,018

986

Deduct:

Equity in earnings of unconsolidated entities

161

158

Interest and dividend income

Adjusted OIBDA (Non-GAAP)

$ 167

$ 194

$ 845

$ 818

Three Months Ended

December 31,

Year Ended

December 31,

UScellular Wireless

2024

2023

2024

2023

(Dollars in millions)

EBITDA (Non-GAAP)

$ 126

$ 155

$ 530

$ 672

Add back or deduct:

Expenses related to strategic alternatives review

Loss on impairment of licenses

—

136

—

(Gain) loss on asset disposals, net

(Gain) loss on license sales and exchanges, net

(1)

(2)

Adjusted EBITDA and Adjusted OIBDA (Non-GAAP)

137

164

719

697

Deduct:

Depreciation, amortization and accretion

153

155

620

610

Expenses related to strategic alternatives review

Loss on impairment of licenses

—

136

—

(Gain) loss on asset disposals, net

(Gain) loss on license sales and exchanges, net

(1)

(2)

Operating income (loss) (GAAP)

$ (27)

$ —

$ (90)

$ 62

Three Months Ended

December 31,

Year Ended

December 31,

UScellular Towers

2024

2023

2024

2023

(Dollars in millions)

EBITDA (Non-GAAP)

$ 30

$ 32

$ 123

Add back or deduct:

Expenses related to strategic alternatives review

—

(Gain) loss on asset disposals, net

—

(2)

Adjusted EBITDA and Adjusted OIBDA (Non-GAAP)

126

121

Deduct:

Depreciation, amortization and accretion

Expenses related to strategic alternatives review

—

(Gain) loss on asset disposals, net

—

(2)

Operating income (GAAP)

$ 18

$ 21

$ 78

$ 77

View original content:https://www.prnewswire.com/news-releases/uscellular-reports-fourth-quarter-and-full-year-2024-results-302381934.html

SOURCE United States Cellular Corporation