CLAIM #56819 · T-Mobile US Inc (TMUS) · 2022Q3 earnings call · Oct 27, 2022 · due Dec 31, 2022
“Additionally, we continue to expect postpaid phone ARPU to be up approximately 2% for the full year, driven by continued customer adoption of value added services, including Magenta MAX.”
Peter Osvaldik · CFO
In context
“rom the prior guidance. Turning to cash CapEx, we now expect it to be between $13.7 billion and $13.9 billion, which is up $200 million at the midpoint, reflecting the ongoing robust pace of our 5G deployment and success in high speed internet where we capitalize the routers. Together, we now expect free cash flow, including payments for merger-related costs to be in the range of $7.4 billion to $7.6 billion, higher by $50 million at the midpoint. This results in free cash flow increasing by more than 30% over last year, even with the higher levels of investments and does not assume any material net cash inflows from securitization. We now expect our full year effective tax rate to be between 17% and 19% based on favorability, primarily from non-recurring benefits we've seen year-to-date. Additionally, we continue to expect postpaid phone ARPU to be up approximately 2% for the full year, driven by continued customer adoption of value added services, including Magenta MAX. And with greater success in attracting new to T-Mobile customers with high speed internet, we now expect full year postpaid ARPA to be up in the mid-to-high 2% range. And with that, I will now turn the call back to Jud to begin the Q&A. Jud Henry: Thanks, Peter. All right, let's get to your questions. You can ask questions via phone by pressing star one and via Twitter by sending a tweet to @TMobileIR or @MikeSievert using $TMUS. Let's start with a question on the phone. Operator first question, please. Operator: Thank you. We'll take our first question from Jonathan Chaplin of New Street Research. Jonathan Chaplin: Thanks guys. Congratulations on a great set of results. I just had a quick question on fixed wireless broadband actually. It looks like net adds are leveling off pretty much a”
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SEC filings for TMUS ↗ · Claim quote is verbatim from the 2022Q3 earnings call.