UScellular deal closes for $4.5B; fiber JVs expand; workforce restructuring underway

Filed April 28, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 24, 2025 · ~2 min read

Key Changes

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  UScellular acquisition closed Aug 2025 for $2.8B cash plus $1.7B debt assumption. Q1 2026 integration costs hit $635M; company expects $1.2B annual run-rate synergies by end of 2027.

  MD&A: UScellular Acquisition verify on EDGAR →
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  Fiber joint ventures expanded: Metronet ($4.6B) and Lumos ($932M) closed; i3 Broadband ($700M) and GoNetspeed/Greenlight ($2.0B) announced for 2026-2027 closings. T-Mobile acquires 50% equity and customer relationships in each.

  MD&A: Fiber Joint Ventures verify on EDGAR →
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  Postpaid revenue growth accelerated to 15% ($2.0B) from 8% ($963M) prior year, driven by UScellular/fiber JV account additions and higher ARPA. Cost of services rose 28% ($737M) on UScellular integration and fiber wholesale costs.

  MD&A: Revenue and Cost Trends verify on EDGAR →