T-Mobile US said total revenues for fiscal 2024 increased $2.8 billion (4%), and operating income rose $3.7 billion (26%). Net income was $11.3 billion compared to $8.3 billion in 2023.

1. 01

   T-Mobile US said total revenues for fiscal 2024 increased $2.8 billion (4%), and operating income rose $3.7 billion (26%). Net income was $11.3 billion compared to $8.3 billion in 2023.

2. 02

   The company said Merger-related costs in Cost of services decreased $472 million, and Selling, general and administrative expenses fell $453 million. The latter included a gain of $100 million on the extension fee previously paid by DISH.

3. 03

   T-Mobile US said net cash provided by operating activities for fiscal 2024 increased $3.7 billion (20%), and Adjusted Free Cash Flow rose $3.4 billion (25%). Net cash payments for Merger-related costs were $767 million in 2024 and $2.0 billion in 2023.

4. 04

   The company said it expects to invest approximately $950 million in the Lumos joint venture and approximately $4.9 billion in the Metronet joint venture at closing. The upfront payment fair value for the Ka'ena acquisition completed on May 1, 2024 was $956 million.

Key figures

Fiscal year ended December 31, 2024

Revenue

$81.4B

Operating income

$18.0B

Net income

$11.3B

EPS

$9.66

Operating cash flow

$22.3B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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