United States Cellular Corporation (USM) Q4 2023 Earnings Call Transcript

United States Cellular Corporation (NYSE:USM) Q4 2023 Earnings Conference Call February 16, 2024 10:00 AM ET

Company Participants

Colleen Thompson - VP, Corporate Relations
Vicki Villacrez - EVP & CFO
Laurent Therivel - President, CEO & Director
Douglas Chambers - EVP, CFO and Treasurer
Michelle Brukwicki - CFO, TDS Telecommunications LLC

Conference Call Participants

Richard Prentiss - Raymond James
Simon Flannery - Morgan Stanley
Michael Rollins - Citigroup
Sergey Dluzhevskiy - GAMCO Investors

Operator

Good morning, and welcome to TDS and UScellular's Fourth Quarter 2023 Operating Results Conference Call. All participants are in a listen-only mode. After the speaker's presentation, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the call over to Colleen Thompson, Vice President of Corporate Relations. Thank you. Please go ahead.

Colleen Thompson

Good morning, and thank you for joining us. We want to make you all aware of the presentation we have prepared to accompany our comments this morning, which you can find on the Investor Relations sections of the TDS and UScellular websites.

With me today and offering prepared comments are from TDS, Vicki Villacrez, Executive Vice President and Chief Financial Officer; from UScellular, LT Therivel, President and Chief Executive Officer; Doug Chambers, Executive Vice President, Chief Financial Officer and Treasurer; and from TDS Telecom, Michelle Brukwicki, Senior Vice President of Finance and Chief Financial Officer. This call is being simultaneously webcast on the TDS and UScellular Investor Relations website.

Please see the websites for slides referred to on this call, including non-GAAP reconciliations. We provide guidance for both adjusted operating income before depreciation and amortization or OIBDA, and adjusted earnings before interest, taxes, depreciation and amortization or EBITDA to highlight the contributions of UScellular's wireless partnerships. TDS and UScellular filed their SEC Forms 8-K, including the