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.
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 (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.