| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 24, 2026 | 7/12 | 2 high, 3 medium, 2 low flags | 2 | 0 | Call sheet → |
| Q1'26 | April 27, 2026 | 11/12 | 7 low flags | 1 | 0 | Call sheet → |
| Q4'25 | January 30, 2026 | 10/12 | 1 high, 2 medium, 4 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Delivered | Consumer postpaid churn below 85bps Hit 84bps in Q2 |
| Q2'26 | Pending | Substantially all Frontier debt repaid by year-end Already paid off 'substantially all' 6 months ahead of schedule |
| Q2'26 | Pending | Frontier $1B run rate synergies by 2028 Still claiming on track, integration 'ahead of plan' |
| Q2'26 | Pending | $5B OpEx savings for 2026 Claim 'on track' but no specific YTD number |
| Q2'26 | Pending | 32M fiber passings by year-end No specific update on current passings count |
| Q2'26 | Delivered | Q1 mobility service revenue will be low point of 2026 Q2 accelerated to 2.8% from 1.6% growth |
| Q2'26 | Pending | Postpaid phone net adds in upper half of 750K-1M range 239K in H1, on track but needs 500K+ in H2 |
| Q1'26 | Pending | At least $3 billion of share repurchases in 2026 Completed $2.5B in Q1, well ahead of pace for annual target |
| Q1'26 | Pending | Over $1 billion of Frontier run-rate operating cost synergies by 2028 Doubled from original estimate, integration 'on track' but early days |
| Q1'26 | Pending | Return to target leverage ratio of 2.0-2.25x in 2027 time frame Currently at ~2.6x post-Frontier, paid down about half of Frontier debt already |
| Q1'26 | Pending | $5 billion of operating expense savings in 2026 Q1 showed meaningful progress with 13K workforce reduction and strong EBITDA margins |
| Q1'26 | Exceeded | Adjusted EPS growth of 4% to 5% for 2026 Raised guidance to 5-6% based on Q1 performance showing 7.6% growth |
| Q1'26 | Pending | Free cash flow of $21.5 billion or more, growing ~7% in 2026 Q1 delivered $3.8B, on pace but need to see promotional amortization benefits flow through |
| Q1'26 | Pending | Mobility and broadband service revenue growth of 2% to 3% for full year 2026 Q1 came in at 1.6% but they maintain confidence, calling Q1 the 'low point' of 2026 |
| Q1'26 | Pending | 750,000 to 1 million postpaid phone net adds in 2026 Q1 delivered 55K, need ~188K-250K per quarter to hit guidance - early tracking looks achievable |
| Q4'25 | Pending | Grow converged customer base and leverage Frontier cross-sell 18% consumer postpaid now converged, up 200+ bps, Frontier integration just began |
| Q4'25 | Exceeded | Drive cost efficiencies and transformation Delivered $5B cost transformation program, far exceeding Q3 vague commitments |
| Q4'25 | Delivered | Complete C-Band build-out and deliver within CapEx guidance 90% complete, 300M POPs covered, came in at lower end of CapEx range |
| Q4'25 | Delivered | Continue debt paydown and maintain 2.0-2.25x leverage target Reached 2.2x ahead of schedule, inside target range before Frontier closing |
| Q4'25 | Delivered | Close Frontier deal in first quarter 2026 Closed January 20, 2026, received 11 of 13 state approvals as expected |
| Q4'25 | Delivered | Deliver full year 2025 financial guidance including raised EBITDA, EPS and FCF Hit all financial targets and raised guidance during the year |
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