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.
Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,262 million for the first quarter of 2024, with net income of $12 million and diluted earnings per share of $0.10. UScellular saw a decrease in service revenues but growth in postpaid ARPU and significant improvements in profitability. TDS Telecom had strong revenue and profitability growth due to broadband investments, exceeding 100,000 residential broadband connections in expansion markets.
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