It reaffirmed its full-year guidance, with service revenue projected to finish at between $3.1 and $3.2 billion, and EBITDA at between $925 million and $1.08 billion. The firm noted improvements in retail revenues and average user revenue (ARPU) in the quarter, plus momentum for its fixed wireless and tower portfolios.
US Cellular reported operating revenues of $1.03 billion for the second quarter of 2022, ending June 30, versus $1.01 billion for the same period a year ago. Service revenues were $783 million, versus $774 million a year ago. Net income (earnings) was $21 million, compared to $35 million at the end of the quarter in 2021.
