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CLAIM #56983 · T-Mobile US Inc (TMUS) · 2023Q4 earnings call · Jan 25, 2024 · due Dec 31, 2024

We expect this to continue to translate into industry-leading growth in service revenue, core adjusted EBITDA and free cash flow delivering the highest free cash flow margin in the industry to unlock shareholder value.

Peter Osvaldik · CFO

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versus commitment · official band 5 percent
Committed
industry-leading growth in service revenue, core adjusted EBITDA and free cash flow delivering the highest free cash flow margin in the industry
Reported
core adjusted EBITDA growth of 10% in the quarter and 9% for the full year, continuing to lead the industry by a wide margin

In context

Second, we expect approximately half of the $600 million to $700 million of anticipated full year '24 cash merger-related costs to be in Q1. Third, we have cash severance for workforce actions taken late last year or if the monthly payments to Cogent following the Wireline sale will taper after April. And finally, there are working capital seasonality elements coming off the higher holiday sales period. And finally, as we continue to execute our strategy of winning and expanding account relationships, we expect full year postpaid ARPA to be up approximately 2% in 2024. Further acceleration of the growth we saw in 2023. In closing, we expect '24 to be another year of profitable growth as we continue to extend our network leadership and further scale our differentiated growth opportunities. We expect this to continue to translate into industry-leading growth in service revenue, core adjusted EBITDA and free cash flow delivering the highest free cash flow margin in the industry to unlock shareholder value. I couldn't be more excited about the continued enormous value creation opportunity that we have in front of us for years to come. And with that, I will now turn the call back to Jud to begin the Q&A. Jud? Jud Henry: All right. Let's get to your questions. You can ask a question via phone by pressing star then one and via X by sending a tweet to @TMobileIR or @MikeSievert using $TMUS. We'll start with a question on the phone. Operator first question please. Operator: The first question is from Simon Flannery with Morgan Stanley. Please go ahead. Simon Flannery: Great. Thank you very much. I was wondering if you could give us a little bit more update on where you are on some of the smaller markets in terms of your market share gain and how that's factoring into your guide for this year and

Verify independently

SEC filings for TMUS · Claim quote is verbatim from the 2023Q4 earnings call.