ITTI(US:TDS)2023-11-03 14:56UScellular Key Highlights - UScellular is deploying 5G mid-band spectrum[4] - Postpaid ARPU grew 2%[6] - UScellular announced a strategic alternatives review on August 4, 2023[14] - UScellular's Q3 2023 service revenues were $762 million, a decrease of 2% year-over-year compared to $781 million in Q3 2022[48] - UScellular's equipment sales for Q3 2023 were $201 million, a decrease of 33% year-over-year compared to $302 million in Q3 2022[48] - UScellular's total operating revenues for Q3 2023 were $963 million, an 11% decrease year-over-year compared to $1083 million in Q3 2022[48] - UScellular's adjusted OIBDA for Q3 2023 was $220 million, a 35% increase compared to $163 million in Q3 2022[48] - UScellular's adjusted EBITDA for Q3 2023 was $263 million, a 28% increase compared to $205 million in Q3 2022[48] TDS Telecom Key Highlights - TDS Telecom is growing its fiber footprint[93] - TDS Telecom's total operating revenues remained flat at $256 million in Q3 2023 compared to Q3 2022[77] - TDS Telecom's adjusted EBITDA increased by 3% to $68 million in Q3 2023 from $66 million in Q3 2022[77]