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Telephone and Data Systems Inc (TDS) provides investors and stakeholders with centralized access to official corporate communications through this comprehensive news hub. Track all material developments across the company's wireless, broadband, and managed IT service divisions.
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On March 17, 2023, OneNeck IT Solutions announced the appointment of Theodore (Ted) Wiessing as the new President and CEO, succeeding Terry Swanson, who stepped down after six years. Wiessing, formerly the Chief Operating Officer, has been integral to OneNeck since 2018 and has extensive experience in technology and security. He aims to continue enhancing the company's multi-cloud strategy while maintaining a strong culture. OneNeck, a subsidiary of TDS, employs 450 people and provides multi-cloud solutions and managed services across the U.S.
On March 2, 2023, OneNeck IT Solutions was named to CRN's 2023 Managed Service Provider Elite 150 list, recognizing its leadership in the managed services industry. This honor highlights OneNeck's commitment to delivering innovative, world-class managed services that enhance customer efficiency and drive growth. Featuring a broad portfolio aimed at midmarket and enterprise customers, OneNeck ensures effective IT solutions to meet evolving business demands. The full list is accessible on CRN's website, showcasing top providers in North America who excel in service and strong partnerships with tech suppliers.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will participate in three upcoming investor conferences in March 2023. The first is the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2023, at 4:30 PM ET. The second is the Raymond James 44th Annual Institutional Investors Conference on the same day at 7:30 AM ET. Finally, TDS will attend the New Street Second Annual Fiber to the Future Conference on March 28, 2023, at 2:55 PM ET. Presentations will be available via webcast. For more information, visit investors.tdsinc.com and investors.uscellular.com.
Telephone and Data Systems (TDS) and United States Cellular (UScellular) announced their participation in three upcoming investor conferences. On March 8, 2023, TDS executives will present at the Morgan Stanley Technology, Media & Telecom Conference at 4:30 PM ET and at the Raymond James 44th Annual Institutional Investors Conference at 7:30 AM ET. Additionally, TDS will participate in the New Street Second Annual Fiber to the Future Conference on March 28, 2023, at 2:55 PM ET. All presentations will be available via webcast. TDS, a Fortune 1000 company, provides services to approximately 6 million connections nationwide.
Telephone and Data Systems (TDS) has declared a quarterly dividend of $0.185 per Common Share and Series A Common Share for Q1 2023. This marks the 49th consecutive year of dividend increases. Additionally, dividends for preferred shares include $414.0625 for Series UU and $375.0000 for Series VV. These dividends will be payable on March 31, 2023, to shareholders on record as of March 15, 2023. TDS provides essential telecommunications services to approximately 6 million connections nationwide and employs about 9,300 people.
UScellular reported fourth-quarter 2022 total operating revenues of $1,048 million, a slight decline compared to $1,068 million in Q4 2021. The company experienced a net loss of $28 million or ($0.33 per share) compared to a profit of $27 million or $0.31 per share a year earlier. For the full year, total revenues were $4,169 million, up from $4,122 million in 2021, but net income dropped to $30 million from $155 million. UScellular aims for significant growth in 2023 with estimated service revenues of $3,050-$3,150 million and a focus on enhancing 5G capabilities. The company will hold a conference call on February 17, 2023.
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