T-Mobile (TMUS) said in Q3, to further enable its digital transformation strategy, the company is accelerating its move to a more streamlined billing technology stack. As a result of the acceleration, the company expects to recognize approximately $350M in predominantly non-cash costs associated with its digital technology transformation, including non-cash impairment expense and accelerated depreciation related to the retirement of software. Also in Q3, T-Mobile expects its recent acquisitions outside of UScellular, alongside ongoing network investments, to generate an additional $120M in depreciation, amortization, integration and other expenses.
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