U.S. Cellular Q4 2021 Earnings Report
Key Takeaways
UScellular reported Q4 2021 total operating revenues of $1,068 million, compared to $1,073 million for the same period one year ago. Net income attributable to UScellular shareholders was $27 million, or $0.31 per diluted share, compared to $5 million, or $0.06 per diluted share, in the same period one year ago.
UScellular delivered solid results through the end of the year.
The company maintained cost discipline and generated positive momentum in growth areas like Business and Government, Prepaid, Fixed Wireless, and their tower portfolio.
The multi-year network modernization program continued, and UScellular meaningfully improved its mid-band spectrum position.
In 2022, UScellular's focus remains on executing its mission of connecting customers and driving growth in the business.
U.S. Cellular
U.S. Cellular
U.S. Cellular Revenue by Segment
Forward Guidance
UScellular's current estimates of full-year 2022 results are shown below. Such estimates represent management’s view as of February 17, 2022 and should not be assumed to be current as of any future date. There can be no assurance that final results will not differ materially from estimated results.
Positive Outlook
- Service revenues are estimated to be between $3,100 million and $3,200 million.
- Adjusted OIBDA is estimated to be between $750 million and $900 million.
- Adjusted EBITDA is estimated to be between $925 million and $1,075 million.
- Capital expenditures are estimated to be between $700 million and $800 million.