According to its President and CEO Laurent Therivel, US Cellular “met the challenges of 2020 successfully,” with the carrier reporting a total operating revenue of $1.073 billion for the fourth quarter and $4 billion for the year, representing a modest increase from 2019 in both instances.
Breaking down revenue further reveals that inbound roaming revenue was $33 million, a decrease of $9 million year-over-year, which the company said was driven by a decrease in data volume resulting partially the merger of Sprint and T-Mobile and the migration of Sprint roaming traffic to T-Mobile’s network. Other service revenues were $60 million, an increase of $5 million year-over-year and equipment sales revenues increased by $8 million year-over-year.