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.
News and regulatory disclosures for Telephone and Data Systems, Inc. (NYSE: TDS) focus on its activities as a telecommunications and digital infrastructure company. Founded in 1969 and headquartered in Chicago, TDS reports that it provides broadband, video and voice services through TDS Telecom and participates in the wireless infrastructure market through Array Digital Infrastructure, Inc.
On this page, readers can follow TDS announcements about quarterly and annual results, dividend declarations on its common and preferred shares, and share repurchase authorizations. Recent releases describe quarterly operating revenues, net income from continuing operations, and the approval of a share repurchase program, as well as regular dividends on TDS common shares and preferred depositary shares.
TDS news also highlights operating developments at TDS Telecom, such as execution of a fiber broadband strategy, delivery of new marketable fiber service addresses, growth in residential fiber connections and the surpassing of 1 million fiber passings. For Array, company releases describe the completion of the sale of wireless operations and select spectrum assets to T-Mobile, spectrum license sales to other carriers, special dividends, and the evolution of Array as a standalone tower and spectrum-focused business.
Investors and observers can use the TDS news feed to review earnings announcements, transaction updates, capital structure changes, credit agreement amendments and leadership appointments at TDS, TDS Telecom and Array. This historical and ongoing news flow provides context on how TDS manages its broadband, video, voice and wireless infrastructure businesses over time.
The board of directors of Telephone and Data Systems (TDS) has declared a fourth quarter 2020 dividend of $0.17 per Common Share and Series A Common Share. The payment date is set for December 30, 2020, to shareholders of record as of December 16, 2020. TDS offers a range of telecommunications services to about 6 million connections across the U.S. through its subsidiaries, including UScellular and TDS Telecom. The company, founded in 1969 and headquartered in Chicago, employed 9,300 staff as of September 30, 2020.
On November 5, 2020, TDS reported third-quarter revenues of $1,324 million, a slight increase from $1,321 million a year ago. Net income attributed to TDS shareholders was $78 million with earnings per share at $0.66, up from $18 million or $0.15 in the previous year. UScellular showed strong performance with low churn and increased retail net additions. TDS Telecom expanded fiber deployment to 34% of service addresses, contributing to revenue growth. The company adjusted its 2020 estimates for UScellular and TDS Telecom.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) are set to release their third-quarter operating results on November 5, 2020, after market close. They will also hold a conference call to discuss these results on November 6, 2020, at 9:00 a.m. CT. Investors can access the live and on-demand webcast through the companies' investor relations websites. TDS, serving approximately 6 million connections nationwide, provides wireless and broadband services.
Telephone and Data Systems (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will participate in a fireside chat hosted by Morgan Stanley on August 20, 2020, at 3:30 p.m. EDT. Key executives, including LeRoy T. Carlson Jr. and Douglas W. Chambers, will be present. The chat will be available for live streaming and on-demand viewing. TDS provides wireless and broadband services to approximately 6 million connections across the U.S., employing around 9,300 people as of June 30, 2020.
The board of directors of Telephone and Data Systems (TDS) has declared a third quarter 2020 dividend of $0.17 per Common Share and Series A Common Share. This dividend will be paid on September 30, 2020, to shareholders on record as of September 16, 2020. TDS, a Fortune 1000 company, provides various telecommunications services to approximately 6 million connections nationwide through its subsidiaries including U.S. Cellular and TDS Telecom, employing around 9,300 people as of June 30, 2020.
TDS reported total operating revenues of $1,263 million for Q2 2020, up slightly from $1,261 million year-over-year. Net income reached $65 million with diluted EPS of $0.56, compared to $33 million and $0.28, respectively, in Q2 2019. U.S. Cellular’s recent performance amid the pandemic includes low churn rates and increased smartphone connections, while TDS Telecom experienced growth in broadband and video services. Estimated 2020 results for U.S. Cellular and TDS Telecom remain unchanged despite ongoing challenges.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will host a conference call to discuss their second-quarter operating results on August 7, 2020, at 9:00 AM Central Time. The financial results will be released the prior day, August 6, 2020, after market close. Stakeholders can access the webcast live or on-demand via their respective investor relations websites. TDS, a Fortune 1000® company, provides various telecommunications services to approximately 6 million connections nationwide, employing about 9,400 people as of March 31, 2020.