Company: UZF
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0000821130-25-000032
Chunk: 150

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 150
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 additional relevant and useful information to investors and other users of UScellular's financial data in evaluating the effectiveness of its operations and underlying business trends in a manner that is consistent with management's evaluation of business performance. UScellular's chief operating decision maker is the UScellular Chair. Financial data for UScellular's reportable segments for the three months ended March 31, 2025 and 2024, is as follows.Three Months Ended March 31, 2025WirelessTowersTotal(Dollars in millions) Revenues from external customers$864 $27 $891 Intersegment revenues— 34 34 864 61 925 Reconciliation of revenue:Elimination of intersegment revenues(34)Total operating revenues$891 Less1:Cost of services (excluding Depreciation, amortization and accretion reported below)191 19 Cost of equipment and products178 — Selling, general and administrative322 10 Expenses related to strategic alternatives review (included in Selling, general and administrative)(9)(1)Segment Adjusted EBITDA (Non-GAAP)$182 $33 $215 Reconciliation of Segment Adjusted EBITDA to Income before income taxes:Depreciation, amortization and accretion(163)Expenses related to strategic alternatives review (included in Selling, general and administrative)(10)Loss on asset disposals, net(2)Gain on license sales and exchanges, net1 Equity earnings of unconsolidated entities36 Interest and dividend income3 Interest expense(40)Income before income taxes$40 Other segment disclosuresThree Months Ended or as of March 31, 2025WirelessTowersSegment TotalUScellularDepreciation, amortization and accretion$(152)$(11)$(163)Loss on asset disposals, net(2)— (2)Gain on license sales and exchanges, net1 — 1 Investments in unconsolidated entities2$479 Total assets3$10,365 Capital expenditures$51 $2 $53 

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Three Months Ended March 31, 2024WirelessTowersTotal(Dollars in millions) Revenues from external customers$925 $25 $950 Intersegment revenues— 33 33 925 58 983 Reconciliation of revenue:Elimination of intersegment revenues(33)Total operating revenues$