Welcome to our dedicated page for Telephone and Data Systems news (Ticker: TDS), a resource for investors and traders seeking the latest updates and insights on Telephone and Data Systems stock.
Telephone and Data Systems Inc. reports news around its broadband and wireless infrastructure businesses, primarily TDS Telecom and Array Digital Infrastructure. Recurring updates cover operating results, fiber broadband expansion, tower leasing activity, spectrum-related asset actions, and the company’s capital structure.
TDS announcements also include dividends on common and preferred securities, material agreements, executive appointments, governance matters, and investor presentations. The company’s news reflects its transformation from a broader telecom operator toward broadband services and shared wireless infrastructure.
Telephone and Data Systems (TDS) has declared its first-quarter 2022 dividends, which will be payable on March 31, 2022. Holders of record by March 15, 2022 will receive a dividend of $0.18 per Common and Series A Common Share. The dividends on the 6.625% Series UU Preferred Shares will be $414.0625 per share, while the 6.000% Series VV Preferred Shares will receive $375.0000 per share. TDS operates through its subsidiaries, providing services to approximately 6 million connections nationally.
Telephone and Data Systems (TDS) reported total operating revenues of $1,372 million for Q4 2021, a slight decrease from $1,376 million in Q4 2020. Net income was $14 million ($0.11 per share), down from $0.12 in the same period last year. For full-year 2021, total revenues reached $5,329 million, with net income of $117 million ($1.00 per share), compared to $226 million ($1.93 per share) in 2020. TDS Telecom achieved over $1 billion in revenue and plans significant expansions in fiber services. The company will hold a teleconference on February 18, 2022.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will host a conference call on Feb 18, 2022, at 9:00 a.m. CT to discuss their fourth quarter operating results. Financial results will be released after market close on February 17, 2022. Interested participants can access the webcast via the companies' investor relations websites. TDS, which serves approximately 6 million connections nationwide through its subsidiaries, employs around 8,900 associates.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will present at Citi's 2022 Virtual AppsEconomy Conference on January 6, 2022, at 11:00 a.m. EST. Key executives, including TDS's CEOs and Corporate Relations VPs, will participate. The event will be available via live and on-demand webcasts. TDS is a Fortune 1000 company, providing services to approximately 6 million connections nationwide through various subsidiaries, including UScellular and TDS Telecom.
Telephone and Data Systems, Inc. (TDS) has announced the promotion of Jessica Bartley to Vice President – IT Security and Chief Security and Privacy Officer (CSPO), effective January 2022. This decision reflects her expanded role in IT security amid a heightened focus on cybersecurity. Bartley, who joined TDS in 2012, has a strong background in data governance and threat assessment. She succeeds Ted Wiessing, who will continue as Senior Vice President – Technology while also serving as Senior Security Advisor.
Telephone and Data Systems (TDS) announced a series of finance leadership transitions, with Peter L. Sereda retiring in May 2022. He will be succeeded by Vicki L. Villacrez, currently CFO of TDS Telecom, who has been with the company for over 30 years. Michelle M. Brukwicki will take over Villacrez's role at TDS Telecom. The changes reflect TDS's effective succession planning and commitment to strong financial leadership. Both Villacrez and Brukwicki bring extensive financial expertise, enhancing TDS's capabilities in strategic planning and financial growth.
The board of directors of Telephone and Data Systems has declared dividends for the fourth quarter of 2021. Shareholders will receive a quarterly dividend of $0.175 per Common Share and Series A Common Share, payable on December 30, 2021, to those on record by December 15, 2021. Additionally, $414.0625 per Series UU Preferred share and $375.0000 per Series VV Preferred share will be distributed, also on December 31, 2021. The dividend declaration reflects the company’s commitment to returning value to shareholders.
TDS reported operating revenues of $1,328 million for Q3 2021, a slight increase from $1,324 million in Q3 2020. However, net income fell to $28 million or $0.24 per share, down from $78 million or $0.66 per share a year ago. UScellular exhibited growth in retail service revenues, driven by postpaid ARPU improvements, while TDS Telecom noted strong broadband connection growth. Full-year estimates for UScellular and TDS Telecom indicate service revenues and capital expenditures adjustments. TDS repurchased shares amounting to $22 million in Q3 2021.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will announce their third quarter results on November 4, 2021, post market close. A conference call will follow at 4:00 p.m. CT. The companies expect to discuss financial outcomes and other key performance metrics. Investors can access the live webcast and on-demand presentation via their respective investor relations websites. TDS serves approximately 6 million connections nationwide and has around 8,900 employees.
Telephone and Data Systems (TDS) has published its 2020 Environmental, Social, Governance (ESG) Report, marking its inaugural disclosure in this area. The report outlines TDS's commitment to ethical standards and highlights a materiality assessment conducted to identify stakeholder priorities. TDS's ESG strategy focuses on three core values: customers, culture, and communities. An ESG Steering Committee has been established to oversee the initiatives, and the report includes frameworks from the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI).