Welcome to our dedicated page for Telephone & Data Sys news (Ticker: TDS), a resource for investors and traders seeking the latest updates and insights on Telephone & Data Sys stock.
Overview of Telephone and Data Systems Inc
Telephone and Data Systems Inc (TDS) is a diversified telecommunications operator that provides robust wireless, broadband, video, voice, and managed services across the United States. With a strong commitment to quality network infrastructure and customer satisfaction, TDS has established itself as a significant player in the communications industry through its well-defined business segments, namely UScellular Wireless, TDS Telecom, and OneNeck IT Solutions.
Core Business Segments
TDS operates through multiple integrated business units, each catering to different market needs:
- UScellular Wireless: Specializes in delivering comprehensive wireless services including mobile connectivity, voice and data solutions to millions of customers nationwide. The segment focuses on maintaining quality network performance and customer support in a highly competitive market.
- TDS Telecom: Focuses on high-speed broadband, television entertainment, and telephone services. Emphasizing a growing fiber-optic network, this division expands connectivity in rural, suburban, and metropolitan areas while offering innovative VoIP business solutions.
- OneNeck IT Solutions: Provides hosted and managed IT services, cloud hosting and hybrid IT solutions that help businesses optimize their digital infrastructure. Their service model leverages state-of-the-art data centers and managed solutions to meet evolving IT needs.
Technological Advancements and Network Expansion
TDS is at the forefront of deploying advanced technologies. Its continuous fiber expansion program and investments in fiber-optic networks ensure high-speed internet connectivity and reliable network performance. The company’s use of internet-protocol based solutions for TV entertainment and business communications further demonstrates its adaptability in a rapidly evolving digital environment.
Market Position and Competitive Landscape
Within a competitive telecommunications landscape, TDS emphasizes quality, scalability, and customer service. Its multi-segment strategy allows the company to serve diverse markets from residential broadband users to enterprise-level IT solutions. By focusing on operational efficiency, strategic network investments and effective portfolio management, TDS distinguishes itself through a balance of technological innovation and disciplined cost management.
Commitment to Customer Satisfaction and Service Excellence
The company has built a reputation for excellent customer support and a commitment to delivering high-quality communications services. This focus is underscored by continuous improvements in technology deployment and network performance, addressing both traditional telecommunication needs and emerging digital demands.
Industry Terminology and Strategic Focus
Utilizing key industry terms such as fiber-optics, VoIP and broadband connectivity, TDS clearly communicates its expertise. Its business model revolves around providing a comprehensive suite of services that address evolving consumer and commercial requirements. The strategic emphasis on fiber expansion, along with high-speed internet delivery and managed IT solutions, reflects TDS’s dedication to integrating cutting-edge technology with operational excellence.
In-Depth Company Insights
For investors, analysts, and industry observers, TDS offers a rich case study in diversified telecommunications management. Its structure enables it to capitalize on multiple revenue streams, mitigating risks associated with market fluctuations while driving growth through targeted network investments. The company’s blend of legacy operations and modern technology initiatives serves as a model of adaptability and efficiency in an industry often defined by rapid change.
Conclusion
In summary, Telephone and Data Systems Inc (TDS) is a multi-faceted telecommunications entity that provides an array of services ranging from traditional wireless communications to innovative, high-speed broadband and comprehensive IT solutions. Its strategic focus on network quality, customer support and technology-driven service expansion reinforces its reputation as an authoritative source in the telecom sector, enabling stakeholders to gain deep insights into its enduring market presence.
US Signal has been named to CRN's 2025 Tech Elite 250 list for the second consecutive year, recognizing top solution providers in the US and Canada with distinguished certifications in AI, infrastructure, cloud, and security. The company reported significant growth in 2024, marked by strategic acquisitions including data centers in Indianapolis and Detroit, and the completion of its OneNeck IT Solutions acquisition from Telephone and Data Systems (TDS).
The company launched OpenCloud, a new Infrastructure-as-a-Service product, and maintains certifications from vendors including Acronis, Cisco, Cohesity, Microsoft, Veeam, VMware, Epic, and Zerto. US Signal expanded its partner network in 2024, welcoming Insight, Cato Networks, Alianza, and Shapeblue.
Telephone and Data Systems (TDS) has announced its first quarter 2025 dividend payments. The company will distribute a quarterly dividend of $0.04 per Common Share and Series A Common Share, payable on March 31, 2025, to shareholders of record as of March 17, 2025.
For the Series UU Preferred shares, TDS will pay a quarterly dividend of $414.0625 per share ($0.4140625 per depositary share), while Series VV Preferred shareholders will receive $375.0000 per share ($0.3750000 per depositary share). Both preferred share dividends are payable on March 31, 2025, to holders of record on March 16, 2025.
TDS (NYSE:TDS) reported Q4 2024 operating revenues of $1,240 million, down from $1,313 million year-over-year, with a net loss of $11 million (-$0.10 per share). Full-year 2024 revenues were $4,964 million, compared to $5,160 million in 2023, with a net loss of $97 million (-$0.85 per share).
Key highlights include UScellular's strategic transactions with T-Mobile and spectrum deals with various operators. The company improved wireless operations with reduced postpaid and prepaid net losses, improved churn, and 27% growth in fixed wireless customers. TDS Telecom exceeded its 2024 fiber address goal, delivering 129,000 marketable fiber service addresses and expanding its footprint by 6% to 1.8 million total service addresses.
The T-Mobile transaction for UScellular's wireless operations is expected to close in mid-2025. Due to this pending transaction, UScellular is not providing 2025 financial guidance, though TDS Telecom plans to expand its fiber network to over 150,000 new marketable service addresses in 2025.
Telephone and Data Systems (TDS) and United States Cellular (USM) have announced they will release their fourth quarter operating results on February 21, 2025. The companies will host a conference call and webcast at 9:00 a.m. Central Time on the same day.
TDS, founded in 1969 and headquartered in Chicago, provides wireless, broadband, video, and voice services to approximately 6 million connections nationwide through its businesses, UScellular and TDS Telecom. As of September 30, 2024, the company employed approximately 8,000 associates.
Investors can access the webcast through the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. Registration is recommended at least 15 minutes before the start time.
Telephone and Data Systems (TDS) announced significant leadership changes effective February 1, 2025. Walter C. D. Carlson, current Board Chair, will succeed LeRoy T. Carlson, Jr. as President and CEO. Carlson Jr. will transition to a newly created Vice Chair position focusing on enterprise strategy while maintaining his role as Chair of the Board of UScellular.
Walter Carlson, who has served on the TDS Board since 1981 and as non-executive Chair since 2002, brings extensive experience in guiding TDS through wireless industry development, UScellular's growth, and TDS Telecom's transformation into a broadband company. Additionally, Christopher D. O'Leary, a board member since 2006, has been appointed as Lead Independent Director.
Walter Carlson's professional background includes 44 years at Sidley Austin LLP, where he was a partner for 37 years and served on its Executive Committee from 2002-2018. He holds degrees from Yale University and Harvard Law School.
Telephone and Data Systems (NYSE: TDS) has announced its fourth quarter 2024 dividend payments. The company will pay $0.04 per Common Share and Series A Common Share, $414.0625 per Series UU Preferred share ($0.4140625 per depositary share), and $375.0000 per Series VV Preferred share ($0.3750000 per depositary share). All dividends are payable on December 31, 2024, to shareholders of record as of December 16, 2024.
TDS and UScellular have announced their participation in two upcoming conferences. At the Wells Fargo 8th Annual TMT Summit Conference on December 3, 2024, UScellular's CFO Doug Chambers will present at 1:15 p.m. ET. Subsequently, at the Raymond James 2024 TMT and Consumer Conference on December 9, 2024, TDS Telecom President Jim Butman and UScellular VP Fred Lubeley will present at 1:40 p.m. ET.
TDS serves approximately 6 million connections nationwide through UScellular and TDS Telecom. UScellular currently maintains 4.5 million retail connections across 21 states, with TDS owning approximately 83% of UScellular as of Q3 2024.
Telephone and Data Systems (NYSE: TDS) has elected Napoleon B. Rutledge Jr. to its Board of Directors, effective December 1, 2024. Rutledge, who will serve on the TDS Audit Committee, is currently Senior Vice President and Chief Accounting Officer at McKesson He brings extensive financial expertise and business leadership experience from his previous roles at Genuine Parts Company and Ernst & Young LLP. TDS, founded in 1969 and headquartered in Chicago, provides wireless, broadband, video, and voice services to approximately 6 million connections nationwide through UScellular and TDS Telecom, employing around 8,000 associates as of September 30, 2024.
TDS reported Q3 2024 total operating revenues of $1,224 million, down from $1,278 million year-over-year. The company recorded a net loss of $(83) million and $(0.73) per share, compared to $(17) million and $(0.16) per share in Q3 2023. A UScellular wireless spectrum license impairment of $136 million impacted results. Key developments include UScellular's announced sale of select spectrum assets for $1 billion to Verizon and TDS Telecom reaching 50% fiber service coverage. The company updated its 2024 guidance, with UScellular service revenues projected at $2,950-$3,000 million and TDS Telecom maintaining its previous revenue outlook of $1,050-$1,080 million.
Telephone and Data Systems (TDS) and United States Cellular (USM) announced they will release their third quarter operating results on November 1, 2024. The companies will host a conference call and webcast at 9:00 a.m. Central Time on the same day. TDS provides wireless, broadband, video, and voice services to approximately 6 million connections nationwide through UScellular and TDS Telecom. The company, founded in 1969 and headquartered in Chicago, employed about 8,500 associates as of June 30, 2024.
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