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United States Cellular Corporation - USM STOCK NEWS

Welcome to our dedicated news page for United States Cellular Corporation (Ticker: USM), a resource for investors and traders seeking the latest updates and insights on United States Cellular Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United States Cellular Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United States Cellular Corporation's position in the market.

Rhea-AI Summary
UScellular provides guidance for 2024, reporting operating revenues, net income, and earnings per share for the fourth quarter of 2023. The company highlights growth in postpaid ARPU, fixed wireless customers, tower rental revenues, and profitability in 2023. UScellular plans to focus on subscriber results, fixed wireless, and financial discipline in 2024. Recent developments include exploring strategic alternatives. Estimated 2024 results show service revenues, adjusted OIBDA, adjusted EBITDA, and capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.35%
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Rhea-AI Summary
Telephone and Data Systems, Inc. (TDS) and United States Cellular Corporation (USM) will webcast their fourth quarter operating results conference call on February 16, 2024. Financial results will be released before the market opens.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
-
Rhea-AI Summary
UScellular reported total operating revenues of $963 million for Q3 2023, a decrease from $1,083 million in the same period last year. Service revenues also declined from $781 million to $762 million. However, the company saw growth in postpaid ARPU, fixed wireless customers, tower rental revenues, net income, adjusted OIBDA, and adjusted EBITDA. UScellular's estimated results for full-year 2023 remain unchanged, with service revenues projected to be $3,025-$3,075 million and adjusted OIBDA estimated at $770-$830 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
Rhea-AI Summary
Telephone and Data Systems, Inc. and United States Cellular Corporation to webcast their third quarter operating results conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.59%
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Rhea-AI Summary
UScellular reported total operating revenues of $957 million for 2Q'23, a decrease from $1,027 million in 2Q'22. Service revenues also decreased to $760 million from $783 million. Net income was $5 million, down from $21 million in the same period last year. Fixed Wireless customers grew 66% to 96,000. Tower rental revenues grew 10%. Debt balance reduced by $150 million. Launching 5G Mid-Band network in several states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
92.91%
Tags
-
Rhea-AI Summary
TDS (NYSE: TDS) and UScellular (NYSE: USM) have announced the initiation of a process to explore strategic alternatives for UScellular. The boards believe it is the right time to review options and have retained financial advisors and legal counsel to assist in the process. There is no set deadline for completion, and no further comments will be made until necessary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
87.85%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.29%
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conferences
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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conferences
Rhea-AI Summary
UScellular reaffirms 2023 guidance and reports Q1 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.93%
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United States Cellular Corporation

NYSE:USM

USM Rankings

USM Stock Data

3.01B
14.06M
72.96%
29.58%
1.44%
Wireless Telecommunications Carriers (except Satellite)
Information
Link
United States
Chicago

About USM

at u.s. cellular, you’ll find associates united by a single purpose: to build something special. this is a place where you can reach higher and dream bigger. where you can feel more confident and capable. where that little extra push can help you change the way people do life. it’s all here for you. http://uscellular.jobs/