Slide 1: 3Q 2024 Earnings
3Q 2024 Earnings October 22, 2024
Slide 2: "Safe Harbor" Statement
“Safe Harbor” Statement In this presentation we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operat
Slide 3: Continued momentum across the business in 3Q24
Continued momentum across the business in 3Q24 Significant improvement in mobility: more than doubled postpaid Sustained broadband growth: Strong operational and financial phone net adds YoY; positive ~4.2M FWA subscribers – 15 performance prepaid net adds, excluding months ahead of plan SafeLink Co
Slide 4: Operating metrics
Operating metrics Consumer Business retail postpaid phone net adds (K) retail postpaid phone net adds (K) 2.7M Wireless retail postpaid phone gross adds (up 5.1% Y/Y) 2.0M Consumer wireless retail postpaid phone gross adds (up 5.9% Y/Y) Broadband net adds (K) Prepaid net adds, excluding Safelink (K)
Slide 5: Consolidated financial summary
Consolidated financial summary Total revenue ($B) Total Wireless service revenue2 ($B) $33.3B Total revenue Flat (Flat Y/Y) $12.5B Adjusted EBITDA1 2.7% (up 2.1% Y/Y) (Adjusted EBITDA margin of 37.5%)1 $1.19 Adjusted EPS1 (down 2.5% Y/Y) 1 Non-GAAP measure. 2 Sum of Consumer and Business segments. S
Slide 6: Consolidated cash flow summary
Consolidated cash flow summary ($ in billions) Nine Months Ended 2023 Nine Months Ended 2024 Cash flow from operations $28.8 $26.5 Capital expenditures $14.2 $12.0 Free cash flow1 $14.6 $14.5 Dividends paid $8.2 $8.4 Total debt $147.4 $150.6 Unsecured debt $126.4 $126.4 Cash and cash equivalents $4.
Slide 7: Key priorities heading into 2025
Key priorities heading into 2025 1 Deliver the 2024 financial guidance 2 Sustain momentum in mobility and broadband, expand 5G Ultra Wideband and scale private networks 3 Execute on our capital allocation model 4 Focus on cost transformation 5 Leverage AI to drive efficiencies and unlock new revenue
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