UScellular Posts Highest-ever Quarterly Fiber Adds in Q4 2023, Continues to Bleed Phone Subs
Overview:
UScellular’s Q4 earnings release was highlighted by the loss of 53,000 postpaid handset subscribers and 11,000 prepaid subscribers. Despite shrinking handset subscribers, UScellular showed optimism for the future after a strong quarter in its fiber broadband segment and strong growth in its Fixed Wireless service. This report provides a breakdown of UScellular’s earnings, as well as commentary on UScellular’s status, strategy, and outlook.
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Blake Przesmicki
Research Associate at Counterpoint Research | Specialize in Smartphones and Consumer Electronics | BA in Journalism, Advertising and Media Studies from the University of Wisconsin-Milwaukee |
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