TELEPHONE & DATA SYSTEMS INC /DE/ (TDS-PU) Telephone and Data Systems, Inc. (TDS) is a prominent U.S.-based telecommunications provider. Its extensive operations are primarily managed through two distinct business segments: UScellular and TDS Telecom. TDS delivers a broad spectrum of mobile communication services to individual consumers, businesses, and government entities. This encompasses a comprehensive range of Internet of Things (IoT) offerings, including advanced monitoring and control applications, business automation tools, communication solutions, fleet and asset management, smart water systems, private cellular networks, and tailored end-to-end IoT implementations. The company also provides specialized wireless priority and preemption features. Its product portfolio includes a variety of mobile devices like smartphones, tablets, wearables, portable hotspots, routers, and dedicated IoT hardware, along with essential accessories such as protective cases, screen guards, charging equipment, and storage cards. Additionally, it supplies consumer electronics for audio, smart home automation, and networking. Furthermore, TDS offers device repair and replacement services, alongside a Trade-In program for customers to exchange their used equipment. Beyond wireless, TDS provides high-speed internet connectivity, including whole-home Wi-Fi solutions, and its proprietary TDS TV+, a cloud-based television platform for video content delivery. Its traditional wireline offerings extend to local and long-distance telephone services, Voice over IP (VoIP), and various enhanced communication features. The company also delivers broadband, IP-centric services, and managed voice and video conferencing solutions for businesses. TDS distributes its diverse product and service portfolio through multiple channels, including company-owned retail stores, direct and indirect sales forces, independent agents, third-party retailers, e-commerce platforms, and telesales. As of year-end 2021, TDS served approximately 5 million wireless connections and 1.2 million wireline and cable connections. Established in 1968, the company maintains its corporate headquarters in Chicago, Illinois.
Sector: Telephone Communications (No Radiotelephone)
Industry: Telecommunications Services
Telephone and Data Systems, Inc.
Press Release ⚠ 4
TDS reports third quarter 2026 results
TDS reported Q3 2026 revenue of $306.7 million, down 1% year-over-year, with diluted EPS from continuing operations of $0.26 versus $0.33 a year ago.
TDS Telecom's fiber strategy progressed with roughly 76,000 marketable fiber addresses added and about 17,000 residential fiber net adds, but 2026 guidance was lowered on revenue, OIBDA and EBITDA while capex guidance rose to approximately $750 million.
Array grew site rental revenues 14% YoY with sequential colocation growth, and its spectrum sale closings to T-Mobile received regulatory approval, remaining subject to FCC finality.
The board authorized an incremental $250 million buyback after TDS repurchased nearly 15 million shares for over $520 million in 2026, following withdrawal of its proposal to acquire the Array minority interest.
• 2d ago AI analysis › Press Release
TDS and Array to release third quarter operating results and host conference call November 6, 2026
Array Digital Infrastructure (NYSE: AD) and its parent Telephone and Data Systems (NYSE: TDS) will release third quarter 2026 operating results on November 6, 2026, followed by a conference call webcast at 9:00 a.m. Central Time.
The webcast will be available live and on demand via the companies' investor relations sites. No financial results or guidance were included in this scheduling notice.
• 9d ago AI analysis › Press Release ● Major ⚠ 1
Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure
Telephone and Data Systems (TDS) announced it is no longer pursuing the acquisition of the remaining public shares of Array Digital Infrastructure (AD) and has withdrawn its proposal.
The decision to terminate the proposal followed an inability to reach agreement on the form of consideration and value, despite TDS currently owning approximately 82% of AD.
TDS will now focus on recommencing its own share repurchase program, though it stated it remains committed to supporting Array's business and spectrum monetization efforts.
• 2mo ago AI analysis › Press Release
TDS announces third quarter 2026 dividends
Telephone and Data Systems' board declared third quarter 2026 dividends for its Common, Series A, Series UU Preferred, and Series VV Preferred shares.
The Common and Series A quarterly dividend is $0.04 per share, payable September 30, 2026 to holders of record on September 15.
Dividends for Series UU and Series VV preferred depositary shares were set at $0.4140625 and $0.3750000 per share, respectively, with the same record and payment dates.
• 2mo ago AI analysis › Press Release ● Critical ⚠ 2
TDS reports second quarter 2026 results
TDS reported second quarter 2026 revenue of $309.3 million, up 4% year-over-year, while net income attributable to common shareholders swung to $260.6 million, or $2.24 per share, from a loss of $(0.05) per share in the prior year.
The profitability turnaround was primarily driven by subsidiary Array, which closed $1.16 billion in spectrum sales and declared an $11 per share special dividend.
TDS Telecom expanded its fiber footprint by 66,000 addresses and raised its 2026 guidance for marketable fiber service addresses to 250,000-300,000, though total service revenue declined 6% due to divestitures.
• 3mo ago AI analysis › Press Release
TDS and Array to release second quarter operating results and host conference call on August 7, 2026
Array Digital Infrastructure and its parent company Telephone and Data Systems (TDS) announced they will release their second quarter 2026 operating results on August 7.
A conference call to discuss the results is scheduled for 9:00 a.m. Central Time on the same day, accessible via webcast on both companies' investor relations websites.
The presentations will be available live and on demand, with registration recommended 15 minutes prior to the start time.
• 3mo ago AI analysis › Press Release ● Major ⚠ 2
Array completes sale of select spectrum assets to Verizon for $1.0 billion
Array Digital Infrastructure closed the sale of select spectrum assets to Verizon for $1.0 billion, completing a previously announced transaction.
The company also finalized $168 million in spectrum sales to T-Mobile in May, primarily involving 700MHz and 600MHz licenses.
Citing these proceeds and current cash on hand, the Board declared a special cash dividend of $11.00 per share, payable June 25, 2026.
The release clarifies that this dividend is unrelated to the pending non-binding acquisition proposal from majority owner TDS, which remains under evaluation by a special committee.
• 5mo ago AI analysis › Press Release
TDS announces second quarter 2026 dividends
Telephone and Data Systems declared its second quarter 2026 dividends across all share classes.
Common and Series A Common shares receive $0.04 per share, payable June 30 to holders of record on June 16.
Preferred shareholders receive $414.0625 per Series UU share and $375.00 per Series VV share, with depositary share equivalents of $0.414 and $0.375 respectively, payable June 30 to holders of record on June 15.
• 5mo ago AI analysis › Press Release
TDS AND ARRAY TO WEBCAST ANNUAL MEETINGS OF SHAREHOLDERS
Array Digital Infrastructure, Inc. will hold its Annual Meeting of Shareholders on May 19, 2026, at 8:30 a.m. Central time.
TDS will hold its Annual Meeting of Shareholders on May 21, 2026, at 9:00 a.m. Central time.
Both meetings will be webcast live and on-demand from the respective investor relations pages.
• 5mo ago AI analysis › Press Release ● Major
TDS reports first quarter 2026 results
TDS reported Q1 2026 total operating revenues of $309.5 million, up 7% year-over-year, driven by strong performance from both TDS Telecom and Array.
Array's site rental revenues grew 92% YoY to $52.012 million, reflecting significant progress in optimizing its operations and securing healthy application volume.
TDS Telecom expanded its marketable fiber service footprint to 1.1 million addresses, adding 10,900 residential fiber connections during the quarter.
TDS has delivered a non-binding proposal to acquire all outstanding Array Common Shares not owned by TDS, which is currently being evaluated by a special committee of Array's board.
• 6mo ago AI analysis › Press Release ⚠ 2
Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS
Array Digital Infrastructure has received a non-binding proposal from TDS to acquire the remaining 18.1% of the company's outstanding common shares.
In response, the Array Board has formed a special committee of independent directors to evaluate and negotiate (or reject) the proposal.
The special committee has retained PJT Partners as its financial advisor and Cravath, Swaine & Moore LLP as its legal counsel.
There is no assurance that the proposal will lead to a binding commitment or any specific outcome, and shareholders are advised to take no action at this time.
• 6mo ago AI analysis › Press Release
TDS and Array to release first quarter operating results and host conference call on May 8, 2026
prnewswire.com • 6mo ago Press Release
TDS Names Bill Case Senior Vice President and Chief Information Officer
Telephone and Data Systems, Inc. (TDS) appointed Bill Case as senior vice president and chief information officer, effective immediately.
Case most recently served as executive vice president and CIO at WOW! Internet, Cable, and Phone, leading technology and business transformation in the broadband sector.
CEO Walter Carlson stated that Case's expertise will strengthen the company's ability to execute its growth strategy and transformation priorities.
• 6mo ago AI analysis › 
