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Mar 31, 2021
U.S. Cellular Q1 2021 Earnings Report
UScellular had a strong start to 2021 with service revenues increasing and positive impact of higher ARPU.
Key Takeaways
UScellular reported strong first quarter 2021 results with total operating revenues of $1,023 million, compared to $963 million in the same period last year. Net income attributable to UScellular shareholders was $60 million, with diluted earnings per share of $0.69.
First quarter service revenues increased, showing the positive impact of higher ARPU.
Postpaid and prepaid handset additions strengthened compared to the same period one year ago.
5G and network modernization programs are on track, offering 5G in portions of substantially all markets.
New brand campaign highlights community-first approach.
Forward Guidance
UScellular's current estimates of full-year 2021 results are shown below. Such estimates represent management’s view as of May 6, 2021 and should not be assumed to be current as of any future date.
Positive Outlook
- Service revenues $3,050-$3,150 million
- Adjusted OIBDA $850-$950 million
- Adjusted EBITDA $1,025-$1,125 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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