MAAT INDEX

CLAIM #56918 · T-Mobile US Inc (TMUS) · 2023Q2 earnings call · Jul 27, 2023 · due Dec 31, 2025

that original thesis of around $60 billion through 2025 is intact.

Michael Sievert · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

ere we have it. So it's not really a downtick so much as just kind of a programmatic view. And then -- and maybe Peter can pile in on the second part. The way we think about it broadly is that there's essentially been no underlying change to the thesis we've been communicating all along. Now our Board hasn't made a determination yet about the second step, but the inputs to those steps have to do with the free cash flow development of this company, which, as you mentioned in the premise of your question is right on track. We're guiding to 75% year-over-year cash flow growth this year. And the underpinnings of the growth in the business, as you saw from our fantastic Q2 momentum suggests another good year in '24. And so -- as the cash flow develops, that's what gives us the confidence that, that original thesis of around $60 billion through 2025 is intact. But maybe you can also comment, Peter, on kind of how we think about this from a dedication of resources to this versus spectrum and other things as Brett asked. Peter Osvaldik: Yeah. Absolutely, Brett. One of the things that we had underpinned at Analyst Day is that it's up to $65 billion of free cash flow that's going to support the $60 billion of potential shareholder remuneration. And within that, we had some room and had reserved some capacity for spectrum purchases and other things. And of course, we'll fundamentally continue throughout this whole period, one to deliver because the underlying delivery of the free cash flow is what allows everything to happen. And, of course, always look at opportunities before us for the highest value creation opportunity. With your question on C-ba

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SEC filings for TMUS · Claim quote is verbatim from the 2023Q2 earnings call.