Earnings Call Summary | Telephone and Data Systems(TDS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Telephone and Data Systems(TDS.US) Q1 2024 Earnings Conference
The following is a summary of the Telephone and Data Systems, Inc. (TDS) Q1 2024 Earnings Call Transcript:
以下是電話和數據系統公司（TDS）2024年第一季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
TDS Telecom saw a positive increase in both top and bottom-line growth for Q1 2024, largely driven by multi-year fiber investments.
TDS borrowed $300 million from a newly secured debt facility, raising the average cost of debt to 6.8%.
This borrowing is favorable in the current interest rate environment and planned to be directed towards the company's fiber build program.
First quarter profitability indices like adjusted operating income and adjusted EBITDA increased by 11% and 8% respectively due to a continued successful cost optimization program.
Despite an expected decline in service revenue for 2024, TDS anticipates that efficiency measures like the shutdown of their CDMA network will keep the adjusted operating income margin relatively stable.
TDS Telecom在2024年第一季度的收入和利潤均實現正增長，這主要是由多年光纖投資推動的。
TDS從新的擔保債務融資機制中借入了3億美元，將平均債務成本提高到6.8％。
在當前的利率環境下，這筆借款是有利的，計劃用於公司的光纖建設計劃。
由於成本優化計劃的持續成功，調整後的營業收入和調整後的息稅折舊攤銷前利潤等第一季度盈利指數分別增長了11％和8％。
儘管預計2024年的服務收入將下降，但TDS預計，關閉CDMA網絡等效率措施將使調整後的營業收入利潤率保持相對穩定。
Business Progress:
業務進展：
TDS Telecom's strategic focus on fiber technology expansion has proven successful, with the strongest quarter of revenues and profitability noted since the program's launch.
The company aims to drive revenue growth in 2024 through the expansion of broadband penetration in target markets.
TDS Telecom's mid-band rollout is on schedule, with the expectation to handle almost half of its data traffic.
In terms of longer-term strategy, the objective is to offer 1 gig or higher speed to at least 80% of the TDS footprint and reach 1.2 million marketable fiber service addresses.
Investment in areas like advanced network capabilities and private 5G networks in manufacturing and utilities is being pursued, indicating innovative growth strategies.
The strategy to increase fiber spend shows TDS's defensive move against overbuilders in ILEC markets and their ambition to be competitive with cable companies.
TDS continues to advocate for fixed wireless investment. This could lower bundle prices, offering a more competitive edge against cable services.
事實證明，TDS Telecom對光纖技術擴張的戰略重點是成功的，自該計劃啓動以來，其收入和盈利能力創下了最強勁的季度。
該公司的目標是通過擴大目標市場的寬帶滲透率來推動2024年的收入增長。
TDS Telecom的中頻段推出正在按計劃進行，預計將處理其近一半的數據流量。
就長期戰略而言，目標是爲至少80％的TDS佔地面積提供1千兆或更高的速度，並達到120萬個可銷售的光纖服務地址。
正在對製造業和公用事業領域的先進網絡能力和私有5G網絡等領域進行投資，這表明了創新的增長戰略。
增加光纖支出的戰略表明了TDS針對ILEC市場過度建設者的防禦舉措，以及他們與有線電視公司競爭的雄心。
TDS繼續倡導固定無線投資。這可能會降低捆綁價格，爲有線電視服務提供更大的競爭優勢。
More details: Telephone and Data Systems IR
更多詳情： 電話和數據系統 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。