CLAIM #57188 · T-Mobile US Inc (TMUS) · 2025Q3 earnings call · Oct 23, 2025 · due Dec 31, 2026
“I'd expect the vast majority of those to come in 2026 and then achieve the full run rate of those synergies.”
Peter Osvaldik · CFO
How to check this claim
Look at: Cumulative UScellular acquisition cost synergies achieved (OpEx run-rate + CapEx), as disclosed by management
It came true if: By end of 2026, company reports the vast majority (>=~75%) of the combined $950M OpEx + $250M CapEx synergy target achieved or on run-rate basis; full run-rate ($1.2B total) achieved by end of 2027
Where: Management commentary / synergy disclosures on quarterly earnings calls and investor presentations (2026 and 2027 guidance updates)
In context
“lots of room to run here. So a lot of people still have yet to make a decision either on the vector of it being worth it or on the vector of it being better. And that just shows us a strategy that's working, has lots of potential tailwind to fuel our business into the future. So we're feeling good. Peter Osvaldik: All right. UScellular, I couldn't be more excited about how we've hit the ground running, both with Jon Freier and his team from a customer perspective and Dr. Saw running to the races on network. So you're going to see this kind of go exactly, except quicker than Sprint. And what that really means from a modeling perspective, I won't get into the dollars, we'll incorporate that into our '26 and '27 guide. But you're going to see us invest in those costs to achieve early on. So I'd expect the vast majority of those to come in 2026 and then achieve the full run rate of those synergies. Remember, it was $950 million of OpEx synergies and $250 million of CapEx synergies, and we'll achieve those inside of 2 years. So as I model it out kind of by the end of '27, you're going to have those full synergies already coming to bear. Quan Yao: Thanks, Peter. Operator, next question please. Operator: The next question will come from John Hodulik with UBS. John Hodulik: And one last congrats again to Mike on his retirement. G. Sievert: Thanks, John. John Hodulik: Can we dig into the broadband business? I guess, first on the fiber, you guys had some new disclosures. But I guess for Srini, how big of an opportunity do you think the sort of fiber business is? I know you have targets out there for homes passed. But can you talk about how many sort of homes passed you have now at fiber,”
Verify independently
SEC filings for TMUS ↗ · Claim quote is verbatim from the 2025Q3 earnings call.