UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14157 TELEPHONE AND DATA SYSTEMS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of in ...

%uscellular | --- | --- | |---------------------------------------------------------------|-------| | | | | people, and our communities | | | Raymond James 43rd Annual Institutional Investors Conference | | | March 7, 2022 | | Enterprise strategy To provide outstanding communications services to our customers and meet the needs of our shareholders, our people, and our communities Maintain strong balance sheet with ample liquidity allowing optionality and flexibility $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 ...

Telephone and Data Systems, Inc. (NYSE:TDS) Q4 2021 Earnings Conference Call February 18, 2022 10:00 AM ET Company Participants Jane McCahon - Secretary and SVP Colleen Thompson - IR Peter Sereda - EVP and CFO Laurent Therivel - President and CEO Michael Irizarry - EVP and Chief Technology Officer Douglas Chambers - EVP and CFO James Butman - President and CEO, TDS Telecom Vicki Villacrez - SVP of Finance and CFO Conference Call Participants Richard Prentiss - Raymond James Philip Cusick - JPMorgan Simon Fl ...

| --- | --- | --- | |-------|-------|-------| | | | | | | Fourth Quarter 2021 Results 2021 Accomplishments 2022 Strategic Priorities 2022 Guidance | | | | February 18, 2022 | | Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 All information set forth in this presentation, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14157 TELEPHONE AND DATA SYSTEMS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorpo ...

Telephone and Data Systems (NYSE:TDS) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ET Company Participants Jane McCahon - Secretary & Senior Vice President Peter Sereda - Executive Vice President & Chief Financial Officer Douglas Chambers - Chief Financial Officer, Treasurer & Executive Vice President Vicki Villacrez - Chief Financial Officer & Senior Vice President of Finance Laurent Therivel - President, Chief Executive Officer, Director Michael Irizarry - Executive Vice President and Chief T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14157 TELEPHONE AND DATA SYSTEMS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction o ...

Financial Data and Key Metrics Changes - The effective tax rate was a negative 48.9% during the quarter due to the reduction of certain tax accruals and the redemption of high-cost debt, resulting in an additional $36 million non-cash interest expense [8] - Total operating revenues for the second quarter were $1.014 billion, an increase of $41 million or 4% year-over-year [26] - Adjusted operating income was $218 million, a decrease of 7% year-over-year [31] - Adjusted EBITDA for the quarter was $267 million, a decrease of $13 million or 5% year-over-year [34] Business Line Data and Key Metrics Changes - Postpaid handset gross additions increased by 16,000 year-over-year due to higher switching activity [23] - Prepaid base increased by 11,000 due to an increase in gross additions combined with a decrease in defections [24] - Retail service revenues increased by $28 million to $686 million, primarily due to a higher average revenue per user [26] - Equipment sales revenues increased by $20 million year-over-year due to an increase in units sold and accessory sales [27] Market Data and Key Metrics Changes - Total residential broadband revenues grew 16% in the quarter, driving total residential revenue growth of 10% [36] - Total telecom broadband residential connections grew 7% in the quarter [38] - The average residential revenue per connection increased by 7% due to price increases and product mix [36] Company Strategy and Development Direction - The company is focused on profitable growth and leveraging a regionally focused strategy to test different offers [15] - Continued investment in network modernization and 5G deployment is critical for maintaining operational flexibility [30] - The company is committed to expanding its fiber footprint and increasing market share in broadband services [42] Management's Comments on Operating Environment and Future Outlook - Management noted aggressive promotions in the competitive environment impacting postpaid subscriber results [14] - There is optimism regarding the bipartisan infrastructure legislation that could support broadband expansion [19] - Management expects the aggressive promotional environment to persist for the remainder of 2021 [29] Other Important Information - The company has maintained its full-year guidance for service revenues and adjusted operating income [35] - The company is experiencing strong broadband growth driven by work-at-home trends and population migration [36] Q&A Session Summary Question: What caused the thought that partnerships could help U.S. Cellular? - Management discussed partnerships aimed at growing revenue and managing costs, including local dealer partnerships and fleet management services [56] Question: When do we think you could move from trialing fixed wireless access to launching? - Management indicated that if trials continue to perform well, a market launch could occur by next year [62] Question: What is the outlook for roaming revenues? - Management projected a decline in roaming revenue for the remainder of 2021 due to the Sprint merger and migration to T-Mobile's network [71] Question: What are the opportunities in the business and government market? - Management noted that the business and government market represents significant growth potential, with efforts to enhance distribution and service offerings [85] Question: How is the competitive landscape with T-Mobile? - Management observed that while T-Mobile is expanding, market share has remained constant, indicating that aggressive marketing does not always translate to network deployment [91]

Second Quarter 2021 Results August 6, 2021 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 2 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forwardlooking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and ass ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14157 TELEPHONE AND DATA SYSTEMS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Delaware 36-2669023 (Mark One) ☒ QUARTE ...