“Within our traditional operating region, we continue to expect that our annual pace of fiber construction will ramp from 3,000,000 new locations in 2025 to a run rate of 4,000,000 by the end of this year.”

In context

“buybacks, which was more than a 50% increase from 2024. Our improved financial flexibility and confidence in our investment thesis also positioned us to make opportunistic strategic investments that benefit our customers and ultimately our shareholders. This includes our agreements to acquire spectrum licenses from EchoStar and fiber assets from Lumen. We continue to expect both these transactions to close early this year. These transactions represent key building blocks that significantly expand the total addressable market for our advanced connectivity services in the years ahead. Our investments in 5G and fiber, both organically and through our acquisitions, have positioned us to accelerate and scale the execution of our strategy in 2026. This includes the pace of our fiber expansion. Within our traditional operating region, we continue to expect that our annual pace of fiber construction will ramp from 3,000,000 new locations in 2025 to a run rate of 4,000,000 by the end of this year. We also expect to accelerate the availability of our fiber internet services outside of these areas following our acquisition of Lumen's fiber assets and build capabilities. Including GigaPower and the fiber assets that we're acquiring from Lumen, we expect to reach over 40,000,000 customer locations with our fiber services by the end of this year, up from 32,000,000 at the end of 2025. Beyond 2026, we plan to expand our fiber reach by approximately 5,000,000 locations annually through the end of this decade. We expect this to drive rapid expansion of our opportunity to sell fiber and 5G together, to both households and businesses at unmatched scale. The size and pace of our fiber deployment have positioned us to achieve these objectives with consistent execution and a high degree of capi”