U.S. Cellular reports Q4 EPS 16c, consensus 4c

Reports Q4 revenue $1B, consensus $984.23M. “At UScellular, we are focused on connecting people to what matters most,” said Laurent Therivel, UScellular President and CEO. “In 2023, Postpaid ARPU increased 2%, we made significant progress on our 5G network deployment, and we delivered strong results in fixed wireless. Even though we experienced challenging subscriber results in an aggressive competitive environment, I’m pleased with the improvements we were able to drive in profitability year over year. In 2024, we plan to continue focusing on improving subscriber results, driving growth in fixed wireless and towers, and maintaining financial discipline as we advance the network through our mid-band deployment.”