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United States Cellular Corporation (USM) Q1 2025 Earnings Call Transcript

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United States Mobile Company (NYSE:USM) Q1 2025 Earnings Convention Name Might 2, 2025 10:00 AM ET

Firm Members

Colleen Thompson – VP, Company Relations
Vicki Villacrez – EVP and CFO
LT Therivel – President and CEO, UScellular
Doug Chambers – EVP and CFO, UScellular
Kris Bothfeld – VP, Finance and CFO, TDS Telecom

Convention Name Members

Ric Prentiss – Raymond James
Sebastiano Pettiat – JPMorgan
Sergey Dluzhevskiy – with GAMCO Buyers

Operator

Hi there and thanks for standing by. My identify is Regina and I can be your convention operator as we speak. At the moment, I wish to welcome everybody to the TDS and UScellular First Quarter 2025 Working Outcomes Convention Name. All strains have been positioned on mute to forestall any background noise. After the audio system’ remarks, there can be a question-and-answer session. [Operator Instructions]

I might now like to show the convention over to Colleen Thompson, Vice President, Company Relations. Please go forward.

Colleen Thompson

Good morning and thanks for becoming a member of us. We need to make you all conscious of the presentation we now have ready to accompany our feedback this morning, which you will discover on the Investor Relations’ sections of the TDS and UScellular web sites.

With me as we speak and providing ready feedback are from TDS, Vicki Villacrez, Government Vice President and Chief Monetary Officer; from UScellular, LT Therivel, President and Chief Government Officer; Doug Chambers, Government Vice President, Chief Monetary Officer and Treasurer; and from TDS Telecom, Kris Bothfeld, Vice President of Finance and Chief Monetary Officer.

This name is being concurrently webcast on the TDS and UScellular Investor Relations web site. Please see the web sites for slides referred to on this name, together with non-GAAP reconciliations.

We offer steerage for each adjusted working earnings earlier than depreciation and amortization, or OIBDA, and adjusted earnings earlier than curiosity, taxes, depreciation, and amortization or EBITDA to



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