TELEPHONE & DATA SYSTEMS INC /DE/ (TDS) Form 8-K — Aug 7, 2026

$TDSForm 8-KItems 2.02, 9.01Filed Aug 7, 2026, 7:35 AM ET0001051512-26-000062Original filing

Telephone and Data Systems reported second quarter 2026 total operating revenues from continuing operations of $309.3 million, up 4% from $298.5 million a year ago. Net income attributable to TDS common shareholders from continuing operations was $260.6 million, or $2.24 per diluted share, versus a loss of $6.0 million, or $(0.05) per share, in the year-ago quarter, with the swing driven largely by spectrum-sale gains. TDS Telecom expanded its marketable fiber footprint by roughly 66,000 addresses and added 15,100 residential fiber customers, prompting the company to raise its 2026 fiber address delivery guidance to 250,000-300,000.

Key figures

Eps: $2.24 diluted EPS from continuing operations ($2.42 total diluted EPS including discontinued operations)
Revenue: $309.3 million (Q2 2026 total operating revenues from continuing operations, vs. $298.5 million in Q2 2025)
Guidance: TDS Telecom 2026: revenue $1,000-$1,025 million, Adjusted EBITDA $310-$330 million, Adjusted OIBDA $300-$320 million, capex $625-$675 million, 250,000-300,000 marketable fiber service addresses. Array 2026: revenue $205-$215 million, Adjusted EBITDA $220-$235 million, capex $25-$35 million (unchanged).
Net Income: $260.6 million net income attributable to TDS common shareholders from continuing operations ($281.1 million including discontinued operations)
Total Debt: $680.1 million (current plus non-current long-term debt, net)
Revenue Yoy: +4%
Total Assets: $8.38 billion
Cash Position: $2.19 billion cash and cash equivalents at June 30, 2026
Owned towers: 4456
Total connections: 1054200
Tower tenancy rate: 0.98
Spectrum sale proceeds: ["$74.8 million (700 MHz, closed May 5, 2026)","$86.4 million (600 MHz, closed May 12, 2026)","$1 billion (cellular and other licenses, closed June 1, 2026)"]
Residential fiber net adds: 15100
Site rental revenue growth: 95% YoY
New marketable fiber addresses: approximately 66,000
Array special dividend per share: $11 (June 25, 2026)
Residential fiber revenue growth: 13%
Free cash flow continuing ops h1 2026: -$168.0 million

Price after filing

1 day: -6.8%7 days: -0.5%30 days: +6.9%

Close on the filing date to close N calendar days later (from $35.39). Historical, not a forecast.

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