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 (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.
This resource aggregates TDS's financial announcements, operational updates, and strategic initiatives including UScellular network expansions, TDS Telecom fiber deployments, and OneNeck IT Solutions innovations. Users gain immediate access to earnings reports, leadership changes, partnership announcements, and technology milestones.
Maintain informed perspectives on TDS's market position through verified updates about service expansions, regulatory developments, and infrastructure investments. All content is sourced directly from company disclosures to ensure accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined monitoring of TDS's evolving telecommunications strategies and operational performance across consumer and enterprise markets.
On May 5, 2022, TDS reaffirmed its 2022 guidance while reporting Q1 revenues of $1,315 million, slightly down from $1,318 million YoY. Net income fell to $44 million ($0.37 per share) from $57 million ($0.48 per share) a year ago. UScellular saw growth in retail service revenue and fixed wireless gross additions, while TDS Telecom achieved increased residential broadband connections. For 2022, TDS estimates unchanged service revenues of $3,100-$3,200 million for UScellular and $1,010-$1,040 million for TDS Telecom. A stock repurchase of 617,923 shares was conducted in Q1.
Telephone and Data Systems (TDS) and United States Cellular Corporation (USM) will release their first quarter operating results on May 5, 2022, after market close. A conference call to discuss these results is scheduled for May 6, 2022, at 9:00 a.m. central time. Investors can access the live and on-demand webcast through the TDS investor relations site or the UScellular investor relations site. The companies serve approximately 6 million connections across the U.S.
Telephone and Data Systems (NYSE:TDS) announced the nomination of Dirk S. Woessner for election to its Board of Directors at the annual meeting on May 19, 2022. Woessner, currently CEO of CompuGroup Medical, has extensive experience in the telecommunications sector, having held leadership roles at Deutsche Telekom and Rogers Communications. His background in sales and marketing for both consumer and business products is expected to enhance TDS's strategic direction.
TDS Telecommunications (TDS Telecom), a subsidiary of Telephone and Data Systems (NYSE: TDS), will present virtually at the New Street Research and BCG Global Infrastructure Conference on March 29, 2022, at 11:50 a.m. Eastern time. Key executives attending include President and CEO James W. Butman and CFO Michelle Brukwicki. The presentation will be available live and on-demand at investors.tdsinc.com. TDS Telecom serves over 1,100 communities in the U.S. with high-speed internet and communication services.
OneNeck IT Solutions has been recognized in the MSP 500 list for 2022 by CRN, specifically in the Elite 150 category. This accolade highlights leading North American managed service providers that contribute to enhancing IT solutions and efficiency for businesses. The list is crucial for identifying key players in managed services amidst rising demand for communication and security solutions due to the pandemic. OneNeck's commitment to delivering innovative services aligns with the growing need for businesses to optimize their IT operations.
Telephone and Data Systems (TDS) and United States Cellular Corporation (UScellular) will participate in three investor conferences in March 2022. The events include the Morgan Stanley Technology, Media & Telecom Conference on March 7, where TDS President LeRoy T. Carlson, Jr. will speak. Additionally, they will attend the Raymond James 43rd Annual Institutional Investors Conference, also on March 7, featuring TDS Telecom President James W. Butman. Finally, TDS will be at the Deutsche Bank Media, Internet & Telecom Conference on March 14, with Vicki L. Villacrez among the speakers.
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.
FAQ
What is the current stock price of Telephone & Data Sys (TDS)?
What is the market cap of Telephone & Data Sys (TDS)?
