other material
confidence high
sentiment positive
materiality 0.75
T-Mobile raises UScellular synergy to $1.2B (+20%), accelerates integration; sees Q3 impacts, $350M tech charge
T-Mobile US, Inc.
- UScellular acquisition total annual run-rate cost synergies increased to ~$1.2B (up 20% from ~$1.0B); integration now expected in ~2 years (vs 3-4 originally).
- Costs to achieve ~$2.6B, within original range; reinvest portion for competition.
- Q3 UScellular: service revenues ~$400M, Core Adj. EBITDA ~$125M; ~$100M costs to achieve, ~$175M D&A.
- T-Mobile expects ~$350M in non-cash costs in Q3 from accelerating billing tech transformation.
- Underlying postpaid ARPA growth: at least 3.5% FY25 vs FY24; consolidated ARPA impacted ~$1.50 by UScellular, Metronet.