T-Mobile provided updated guidance for its acquisition of UScellular, increasing and accelerating synergy targets.
The company expects $1.2 billion in total annual run rate cost synergies from the integration, an increase of 20% from the original estimate.
Integration is now projected to be achieved in approximately two years, faster than the initial three-to-four-year expectation.
Increased Synergy Target
T-Mobile now expects approximately $1.2 billion in total annual cost synergies from the UScellular integration.
Accelerated Integration
The integration timeline has been shortened to approximately two years, enhancing operational efficiency.
Continued Business Transformation
T-Mobile plans to reinvest synergies to enhance consumer choice and competition in the wireless industry.
- T-Mobile anticipates stronger core business performance post-acquisition.
- The company expects positive financial impacts of approximately $400 million in service revenues and $125 million in Core Adjusted EBITDA for Q3.
T-Mobile's strategic moves post-UScellular acquisition aim to strengthen its market position and boost operational performance.