Debt Reduction and Cash Flow Improvement
United States Cellular Corporation paid down over $200 million in debt, improved free cash flow, and maintained bank leverage ratios below three times in the second half of the year.
Fiber Expansion and Revenue Growth
TDS Telecom increased fiber service addresses by 129,000 in 2024, surpassing the goal of 125,000, and grew residential revenues by 6% due to broadband growth.
Strategic Transactions and Shareholder Value
Agreements to sell the wireless business to T-Mobile and various Spectrum transactions are expected to unlock significant shareholder value.
Tower Business Strength
The tower business is expected to strengthen with the addition of 2,015 incremental collocations due to a new MLA with T-Mobile.
5G Deployment Success
Mid-band deployment covers close to 50% of data traffic, enhancing customer 5G experience, and United States Cellular Corporation ranked first in the north central region according to JD Power 2025 US wireless network quality performance study.