CLAIM #56996 · T-Mobile US Inc (TMUS) · 2023Q4 earnings call · Jan 25, 2024 · due Dec 31, 2024
“But I'd expect a continued year-over-year sequential decline, but not a specific guide on wholesale.”
Peter Osvaldik · CFO
In context
“ectation that service revenue growth will be larger in full year '24 than 2023. So that's all embedded in the guidance that we provided. Kannan Venkateshwar: Thank you. Peter Osvaldik: All right. Operator: The next question is from Ric Prentiss with Raymond James & Associates. Please go ahead. Ric Prentiss: Thanks. Good afternoon. I want to follow along those same lines a little bit. Can you help us understand, obviously, track loads coming off maybe some DISH coming off on the wholesale side as well. How much magnitude should we be expecting wholesale might drop this year knowing that you have some ranges out there? Peter Osvaldik: Yes. We haven't specifically guided to that. And remember, we have a little bit of visibility given some of the MPGs, which do trail off with respect to DISH. But I'd expect a continued year-over-year sequential decline, but not a specific guide on wholesale. Mike Sievert: And that's obviously factored into the guidance that we've provided. Peter Osvaldik: Absolutely. Ric Prentiss: Right. And then any update on Mint? I think we're going on, what, 10, 11 months. And what is their position on ACP? Peter Osvaldik: Yes. So Mint, we anticipate Mint to close in Q1 and that is included in the guide itself. And of course, that will result once it does close and a little bit of service revenue and cost geography changes with minimal net impact to core EBITDA, as we talked about earlier. But all of that including ACP contemplation is considered in the guide that we gave. But it wouldn't be appropriate for me to speak specifically about Mint as we haven't closed yet. Ric Prentiss: And last one for me is, you talked a lot about your net adds doing strong”
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SEC filings for TMUS ↗ · Claim quote is verbatim from the 2023Q4 earnings call.