U.S. Cellular(USM)

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U.S. Cellular(USM) - 2021 Q3 - Quarterly Report
2021-11-04 20:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09712 UNITED STATES CELLULAR CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction ...
U.S. Cellular(USM) - 2021 Q2 - Quarterly Report
2021-08-06 12:07
(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09712 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 8410 West Bryn Mawr, Chicago, Illinois 60631 (Address of principal executive offices) (Zip code) Registrant's telephone num ...
U.S. Cellular(USM) - 2021 Q1 - Quarterly Report
2021-05-06 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09712 UNITED STATES CELLULAR CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of ...
U.S. Cellular(USM) - 2020 Q4 - Annual Report
2021-02-18 21:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Securities registered pursuant to Section 12(g) of the Act: None Commission file number 001-09712 UNITED STATES CELLULAR CORPORATION (Exact name of Registrant a ...
U.S. Cellular(USM) - 2020 Q3 - Earnings Call Presentation
2020-11-08 20:52
*uscellular Third Quarter 2020 Results November 6, 2020 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 2 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forwardlooking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, project ...
U.S. Cellular(USM) - 2020 Q3 - Earnings Call Transcript
2020-11-08 18:17
United States Cellular Corporation (NYSE:USM) Q3 2020 Earnings Conference Call November 6, 2020 10:00 AM ET Company Participants Jane McCahon - Investor Relations Peter Sereda - Chief Financial Officer, Telephone and Data Systems Laurent Therivel - President and Chief Executive Officer Douglas Chambers - Chief Financial Officer and Treasurer Vicki Villacrez - Chief Financial Officer, TDS Telecom Conference Call Participants Ric Prentiss - Raymond James Philip Cusick - JPMorgan Chase & Co. Simon Flannery - M ...
U.S. Cellular(USM) - 2020 Q3 - Quarterly Report
2020-11-05 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09712 UNITED STATES CELLULAR CORPORATION (Exact name of Registrant as specified in its charter) Delaware 62-1147325 (State o ...
U.S. Cellular(USM) - 2020 Q2 - Earnings Call Transcript
2020-08-08 07:08
Financial Data and Key Metrics Changes - Total operating revenues for Q2 2020 were $973 million, flat year-over-year [28] - Adjusted operating income increased by $23 million year-over-year to $235 million [30] - Adjusted EBITDA for the quarter was $280 million, a 9% increase year-over-year [33] Business Line Data and Key Metrics Changes - Retail service revenues decreased by $4 million to $658 million due to a decline in the postpaid subscriber base [28] - Postpaid handset churn was 0.71%, down from 0.97% a year ago, indicating lower switching activity [27] - Connected device gross additions increased by 9,000 year-over-year, driven by demand for Internet products [26] Market Data and Key Metrics Changes - Store traffic was running about 20% below prior year levels, showing steady improvement from pandemic lows [21] - Inbound roaming revenue was $41 million, a decrease of $3 million year-over-year, driven by lower rates [28] - Average revenue per user (ARPU) was $46.24 for Q2, up $0.34 or approximately 1% year-over-year [29] Company Strategy and Development Direction - The company is focused on building value for all constituents and developing a strategy to remain a formidable competitor [17] - 5G network expansion is a key focus, with Phase 2 deployment planned for the second half of 2020 [19] - The company aims to enhance customer experience and operational efficiency through network modernization and 5G initiatives [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience and ability to navigate the challenges posed by COVID-19 [12] - The pandemic has validated the essential nature of the company's services, with a focus on community-specific campaigns moving forward [18] - There remains uncertainty regarding the impact of COVID-19 on service revenues and operational costs, influencing the decision to maintain existing guidance [35] Other Important Information - The company has maintained a range of $3.0 billion to $3.1 billion for total service revenues for the year [34] - The company signed the FCC's keep Americans connected pledge, committing to not disconnect customers experiencing COVID-19 related challenges [23] - The company has a strong balance sheet with $1.7 billion in available funding sources as of June 30 [10] Q&A Session Summary Question: Update on Keep Americans Connected pledge and subscriber conversion - Management reported that close to 80% of customers on the pledge were either current or on payment plans, indicating effective management of the situation [54] Question: Trends in inbound roaming revenues - Management noted that inbound roaming usage was up year-over-year, with expectations for continued increases tempered by lower rates [56] Question: Insights on 5G use cases - Management highlighted that 5G will improve cost efficiency and enable new use cases such as fixed wireless broadband, connected health, and autonomous vehicles [60]
U.S. Cellular(USM) - 2020 Q2 - Earnings Call Presentation
2020-08-07 19:46
★ U.S.Cellular: Second Quarter 2020 Results COVID-19 Update August 7, 2020 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 2 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries U.S. Cellular and TDS Telecom, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on cur ...
U.S. Cellular(USM) - 2020 Q2 - Quarterly Report
2020-08-06 20:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09712 UNITED STATES CELLULAR CORPORATION (Exact name of Registrant as specified in its charter) Delaware 62-1147325 (State or oth ...