Telephone and Data Systems

Telephone & Data Systems, Inc. engages in the provision of wire line and cable broadband, video and voice services. It operates through the following segments: U.S. Cellular, Telephone and Data Systems (TDS) Telecom’s Wireline and Cable. The U.S. Cellular segment provides service to postpaid and prepaid customers from a variety of demographic segments. The TDS Telecom’s Wireline segment operates Wireline and Cable subsidiaries that provide communications services. The Cable segment provides interconnected voice over internet protocol and broadband services, including internet access. The company was founded by LeRoy T. Carlson in 1968 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

TDS and U.S. Cellular report mixed Q1 results, focus on growth

Telephone and Data Systems and U.S. Cellular navigated a challenging quarter with a mix of operational successes and financial hurdles.
TDS Telecom's fiber deployment progress and U.S. Cellular's network improvements signal a commitment to future growth and market leadership.
Analysts' inquiries highlighted areas for improvement and strategic clarity, prompting discussions on resource allocation and profitability.
Overall, the companies remain focused on their long-term strategies, leveraging strengths and addressing challenges to capitalize on growth opportunities.

TDS and UScellular navigate challenges, eye growth opportunities in Q2

TDS and UScellular focused on strategic priorities and cost containment, with progress in key growth areas.
UScellular's fixed wireless business and TDS Telecom's broadband connections showed strength amid challenges.
Opportunities lie in strategic reviews, fiber program expansions, and network sharing efforts for future growth.
Challenges in postpaid adds and adjusted EBITDA declines require ongoing attention for sustained performance.

Telephone and Data Systems (TDS) excels in Q1 2024, focusing on fiber and tower growth strategies

Telephone and Data Systems (TDS) Q1 2024 earnings call highlighted strong performance by TDS Telecom and UScellular, driven by strategic initiatives and operational improvements. Challenges from cable competitors and subscriber declines were acknowledged, with a focus on network quality and customer retention. TDS is positioned for growth through fiber and tower business strategies, emphasizing financial health and sustained competitiveness.

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Telephone & Data Systems, Inc. is a diversified telecommunications company, which engages in the provision of communications services, retail wireless connections, broadband, video, and voice connections. It operates through the following segments: UScellular, TDS Telecom, and Corporate, Eliminations, and Other. The UScellular segment provides wireless telecommunications services. The TDS Telecom segment offers communications services through fiber, coaxial, and copper networks. The company was founded by LeRoy T. Carlson in 1968 and is headquartered in Chicago, IL.

MADISON, Wis. , June 27, 2024 /PRNewswire/ -- TDS Telecommunications LLC (TDS Telecom) is gearing up to launch a mobile phone product.

TDS Telecom to launch mobile phone product

The divestiture aligns with Telephone and Data Systems' (TDS) capital allocation strategy, aiming to boost competitiveness through targeted investments.

Telephone and Data Systems (TDS) Sells OneNeck to Boost Fiber

GRAND RAPIDS, Mich. , June 3, 2024 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading digital infrastructure provider and portfolio company of Igneo Infrastructure Partners, has entered into a definitive agreement to acquire OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (OneNeck) from Telephone and Data Systems, Inc. (NYSE: TDS), a provider of wireless, broadband, video, voice, hosted and managed services to U.S. businesses.

US Signal to Acquire OneNeck, Expanding Nationwide Data Center Footprint, IT Infrastructure Network

CHICAGO , June 3, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS), today announced the entry into a definitive agreement to sell its wholly owned subsidiaries OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (together, "OneNeck") to US Signal Company, LLC. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the third quarter of 2024.

TDS TO SELL ITS ONENECK BUSINESS TO US SIGNAL

United States Cellular

TDS believes transaction delivers significant value to UScellular customers and shareholders TDS announces second quarter 2024 dividends TDS and UScellular to hold conference call at 8:30 a.m. Central Time CHICAGO , May 28, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. ("TDS") (NYSE: TDS) today indicated its board of directors unanimously approved the definitive agreement reached by TDS and United States Cellular Corporation ("UScellular") (NYSE: USM) to sell UScellular's wireless operations and approximately 30% of its spectrum assets to T-Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billion of assumed debt.

TDS Board Announces Unanimous Support for Sale of UScellular's Wireless Operations and Select Spectrum Assets to T-Mobile

T-Mobile, after acquiring UScellular's wireless operations and customers, will use its greater resources to deliver benefits to UScellular customers, including lower prices, more robust plans, superior network experiences, and more added benefits T-Mobile to enter into new MLA and be a long-term tenant on at least 2,600 of UScellular's towers UScellular retains its nearly 4,400 owned towers, its equity method investments, and approximately 70% of spectrum assets UScellular and TDS to hold conference call at 8:30 a.m. Central Time CHICAGO , May 28, 2024 /PRNewswire/ -- United States Cellular Corporation ("UScellular") (NYSE: USM) and Telephone and Data Systems, Inc. ("TDS") (NYSE: TDS) today announced they have entered into a definitive agreement to sell UScellular's wireless operations and select spectrum assets to T-Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billion of assumed debt.

UScellular and TDS Announce Sale of Wireless Operations and Select Spectrum Assets to T-Mobile for Approximately $4.4 Billion in Cash and Assumed Debt

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CHICAGO , May 10, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. [NYSE: TDS] and United States Cellular Corporation [NYSE: USM] announce the following webcasts: UScellular's Annual Meeting of Shareholders is May 21, 2024, at 8:30 a.m. Central time.

TDS AND USCELLULAR TO WEBCAST ANNUAL MEETINGS OF SHAREHOLDERS

Telephone and Data Systems, Inc. (NYSE:TDS ) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez - Executive Vice President & Chief Financial Officer LT Therivel - President & Chief Executive Officer, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer & Treasurer Michelle Brukwicki - Senior Vice President of Finance & Chief Financial Officer, TDS Telecom Conference Call Participants Ric Prentiss - Raymond James Michael Rollins - Citi Sergey Dluzhevskiy - GAMCO Investors Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.

Telephone and Data Systems, Inc. (TDS) Q1 2024 Earnings Call Transcript

The headline numbers for TDS (TDS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, TDS (TDS) Q1 Earnings: A Look at Key Metrics

Telephone and Data Systems (TDS) reports a top-line decline year over year, owing to weakness in the U.S. Cellular segment. Healthy traction in the TDS Telecom vertical is a tailwind.

Telephone and Data Systems (TDS) Q1 Earnings Beat, Top Line Falls

The Madison, Wisconsin-based company surpasses 100,000 residential broadband connections in its expansion markets The Madison, Wisconsin-based company surpasses 100,000 residential broadband connections in its expansion markets

TDS Telecom hits expansion market milestone, reports strong financial results

CHICAGO , May 3, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: "TDS") announced today the closing of a $375 million unsecured debt financing with funds managed by Oaktree Capital Management, L.P. ("Oaktree").

TDS announces new $375 million unsecured debt financing

2024 guidance reaffirmed CHICAGO , May 3, 2024 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on May 3, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.

TDS reports first quarter 2024 results

CHICAGO , April 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their first quarter operating results conference call on May 3, 2024, at 9:00 a.m. Central Time.

TDS and UScellular to release first quarter operating results and host conference call on May 3, 2024

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By delivering seamless and efficient cloud connectivity solutions through OneNeck and OVHcloud collaboration, Telephone and Data Systems (TDS) is likely to strengthen its leading market position.

TDS' OneNeck & OVHcloud Partner for Enhanced Cloud Solutions

RESTON, Va., March 26, 2024 /PRNewswire/ -- OVHcloud US, a leading global cloud provider, and OneNeck IT Solutions LLC, a leading provider of hybrid IT and multi-cloud solutions and services, are excited to announce a strategic partnership designed to deliver enhanced Nutanix-centric solutions to their joint customer base, initially across the United States.

OVHcloud® US and OneNeck® Announce Strategic Partnership to Enhance Nutanix Offering

CHICAGO , March 15, 2024 /PRNewswire/ -- TDS Telecom, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (NYSE: TDS), will be virtually presenting at the New Street Research and BCG Fiber to the Future Conference on March 22, 2024, at 12:50 p.m. ET. James W.

TDS Telecom to present at the New Street Fiber to the Future Conference

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Telephone and Data Systems, Inc. (TDS) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for TDS (TDS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, TDS (TDS) Q4 Earnings: A Look at Key Metrics

Telephone & Data Systems (TDS) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.38 per share a year ago.

Telephone & Data Systems (TDS) Reports Q4 Loss, Tops Revenue Estimates

Telephone and Data Systems' (TDS) top line is impeded by declining revenues from the U.S. Cellular vertical. However, growth in TDS Telecom partially reverses this declining trend.

News for Telephone and Data Systems Stock (TDS)