Progress on T-Mobile Transaction
The organization is making significant progress on various activities in preparation for a successful mid-2025 closing of the transaction with T-Mobile, which includes financial, separation, integration, and transition work.
Fiber Program Expansion
The fiber program expanded the footprint over 30% in the last three years, with future growth opportunities identified. TDS Telecom delivered 14,000 new fiber service addresses in the quarter and remains confident in achieving the 150,000 fiber addresses goal for the year.
Increase in Free Cash Flow
UScellular generated $79 million of free cash flow in Q1 2025, an $18 million increase over the same quarter last year, due to cost optimization and flat operating expenses.
Third-Party Tower Revenue Growth
An increase of 6% in third-party tower revenue was achieved due to new colocations and escalators on renewed leases.