EBITDA and EPS Growth
EBITDA grew 2% and adjusted EPS grew 5% with $5.4 billion of free cash flow generated in the first quarter.
Wireless Net Additions Surge
Wireless net line additions accelerated to 323,000 in the quarter, bringing total wireless lines to 8.1 million, marking the best quarter of new wireless net additions in two years.
Theme Parks Expansion and Success
Theme parks generated $3 billion of EBITDA in 2024, with significant investment in Epic Universe, which is set to open soon, and ambitious expansion plans into the UK and additional US locations.
Growth in Business Services
Business services are now approaching $10 billion in revenue with consistent mid-single-digit growth in revenue and EBITDA, representing almost 25% of connectivity business revenues.
Peacock Revenue Growth
Peacock delivered double-digit revenue growth and a more than $400 million year-over-year improvement in EBITDA losses, with 41 million paid subscribers at the end of the quarter.