CHICAGO, May 2, 2025 /PRNewswire/ --As previously announced, TDS will hold a teleconference on May 2, 2025, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,154 million for the first quarter of 2025, versus $1,262 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(10) mill ...

CHICAGO, April 25, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their first quarter operating results conference call on May 2, 2025, at 9:00 a.m. Central Time. The companies will release their financial results on May 2, 2025. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is rec ...

SAN DIEGO, March 25, 2025 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in NYSE: TDS shares. Investors who purchased shares of Telephone and Data Systems, Inc. prior to May 2022 and continue to hold any of those NYSE: TDS shares also have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On May 2, 2023, a NYSE: TDS investor filed a lawsuit against Tele ...

Core Insights - US Signal has been recognized on the 2025 Tech Elite 250 list by CRN, marking the second consecutive year of this honor [1][2] - The company experienced significant growth in 2024, attributed to investments in technical capabilities and acquisitions [3] Company Achievements - US Signal made substantial investments in 2024, including the purchase of data centers in Indianapolis and Detroit, and the acquisition of OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC [3] - The launch of the OpenCloud product has positioned US Signal as a revolutionary player in the cloud hosting market [3] - Additional recent honors include recognition on CRN's 2024 Cloud 100 List and TMCNet's Zero Trust Security Excellence Awards [4] Certifications and Partnerships - US Signal has received certifications from major technology vendors such as Acronis, Cisco, Microsoft, and VMware, among others [5] - The company has expanded its technology partnerships in 2024, welcoming new partners like Insight and Cato Networks [5][6] - These certifications and partnerships are crucial for maintaining high service standards in a rapidly evolving digital landscape [6] Company Overview - Established in 2001, US Signal is a leading digital infrastructure provider in the Midwest, specializing in managed and professional services [7] - The company operates an extensive fiber network and offers services including network connectivity, cloud hosting, and disaster recovery solutions [7]

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

Core Insights - Telephone and Data Systems, Inc. (TDS) reported strong fourth-quarter 2024 results, with both revenue and net income exceeding Zacks Consensus Estimates despite a year-over-year revenue decline due to softness in the U.S. Cellular segment [1][5]. Financial Performance - TDS generated net sales of $1.24 billion in the fourth quarter, down from $1.31 billion in the same quarter last year, but beat the Zacks Consensus Estimate by $14 million [5]. - The company reported a GAAP net loss of $11 million or 10 cents per share, significantly improved from a net loss of $523 million or $4.64 per share in the year-ago quarter [3][4]. - For the full year 2024, TDS reported revenues of $4.96 billion, down from $5.2 billion in 2023 [5]. Segment Performance - U.S. Cellular revenues were $970 million, a 3% decline year-over-year, impacted by reduced postpaid retail and prepaid connections, although growth in fixed wireless customers and tower revenues provided some offset [6]. - TDS Telecom contributed $264 million to revenues, slightly up from $261 million in the prior-year quarter, but fell short of the estimate of $266.9 million [8]. Cost Management - The company focused on cost optimization, resulting in lower operating expenses, which contributed to a narrower loss during the quarter [3][10]. - Total cash expenses were $811 million, marginally down from $812 million in the prior-year quarter [6]. Customer Metrics - Total residential connections decreased to 935,600 from 952,900 in the year-ago quarter, while residential revenues per connection increased to $64.72 from $62.74 [8]. - The company saw an increase in customers opting for higher-speed broadband, with 22% choosing 1 Gigabit+ speed compared to 16% in the prior-year quarter [9]. Cash Flow and Outlook - TDS generated $1.145 billion of net cash from operating activities in 2024, slightly up from $1.142 billion in the prior-year quarter [12]. - For 2025, management expects total operating revenues at TDS Telecom to be in the range of $1.03-$1.07 billion, with adjusted EBITDA estimated between $320-$360 million [13].

Financial Data and Key Metrics Changes - In 2024, adjusted EBITDA increased by 7% on a consolidated basis, while free cash flow rose to $280 million, an increase of $88 million over 2023, attributed to profitability improvements and reduced capital expenditures [10][32][37] - Capital expenditures decreased by 24% for the full year, contributing to the increase in free cash flow [10][11] - Service revenues for the fourth quarter declined by 2%, primarily due to a decrease in the average retail subscriber base [35] Business Line Data and Key Metrics Changes - U.S. Cellular improved its subscriber results, with postpaid handset gross additions increasing by 16% year-over-year, although net retail subscriber adds remained negative [26][34] - TDS Telecom increased residential revenues by 6% in 2024, driven by growth in broadband connections and average revenue per connection [49][55] - TDS Telecom's adjusted EBITDA grew by 23% year-over-year, reflecting effective cost management and revenue growth [50][56] Market Data and Key Metrics Changes - U.S. Cellular's fixed wireless service surpassed 150,000 customers, indicating growth in this segment [26] - Data usage by customers increased by 37% year-over-year, highlighting a growing demand for data services [28] - TDS Telecom's fiber service addresses grew by 6% year-over-year, with a significant increase in take rates for higher broadband speeds [53][55] Company Strategy and Development Direction - The company aims to optimize its portfolio for long-term success, focusing on growth areas and divesting non-core assets [9] - U.S. Cellular plans to close the T-Mobile transaction, which is seen as a transformative step, and will focus on strengthening its remaining assets, particularly in the tower business [14][15] - TDS Telecom is committed to expanding its fiber strategy, targeting 150,000 new fiber service addresses in 2025 and increasing its marketable fiber service addresses to 1.8 million [61][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategic direction, emphasizing the importance of closing the T-Mobile transaction and optimizing capital structure [14][15][21] - The competitive environment remains challenging, but management believes that ongoing investments in customer retention and network enhancements will drive future growth [29][32] - The company is focused on maintaining a strong balance sheet and returning capital to shareholders post-transaction [20][32] Other Important Information - The company has made significant investments in 5G deployment and fiber expansion, with a nearly 30% increase in fiber footprint over the past three years [10][48] - U.S. Cellular's equity method investments generated $169 million in cash distributions in 2024, contributing to overall financial health [24] Q&A Session Summary Question: Why was now the right time for the leadership change? - The board felt that the current transformative time, with significant transactions underway, warranted a change in leadership to guide the company through this phase [79] Question: Will there be changes in tower reporting? - The company plans to provide AFFO reporting post-T-Mobile transaction close, but structuring the tower business as a REIT is not currently on the agenda [83][85] Question: What is the long-term vision for TDS? - The focus is on executing 2025 priorities to position the company for long-term growth in both the fiber and tower businesses [115] Question: How will capital allocation priorities be determined post-transaction? - The company will evaluate capital allocation based on cash flows from the tower business and wireless partnerships, with potential for dividends in the future [124] Question: How is TDS Telecom addressing net additions and conversion rates? - The company is enhancing its sales and marketing efforts, particularly through door-to-door sales teams, to improve conversion rates in fiber markets [129]

Telephone and Data Systems, Inc. (NYSE:TDS) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Colleen Thompson – Vice President, Corporate Relations Vicki Villacrez – Executive Vice President and Chief Financial Officer, TDS Walter Carlson – President and Chief Executive Officer, TDS LT Therivel – President and Chief Executive Officer, UScellular Doug Chambers – Executive Vice President, Chief Financial Officer and Treasurer, UScellular Kris Bothfeld – Vice President of Fin ...

Core Insights - Telephone & Data Systems (TDS) reported a revenue of $1.24 billion for the quarter ended December 2024, reflecting a 5.6% decrease year-over-year, while EPS improved to -$0.09 from -$0.11 in the previous year [1] - The revenue exceeded the Zacks Consensus Estimate of $1.23 billion by 1.12%, and the EPS surpassed the consensus estimate of -$0.32 by 71.88% [1] Financial Performance Metrics - US Cellular Postpaid ARPU was reported at $51.73, below the average estimate of $52.46 [4] - US Cellular Retail Connections Prepaid experienced a net loss of 4 thousand, worse than the estimated loss of 1 thousand [4] - The Postpaid churn rate remained stable at 1.3%, matching analyst estimates [4] - Total Postpaid connections at the end of the period reached 3.99 million, slightly above the estimate of 3.97 million [4] - Operating Revenues for U.S. Cellular were $970 million, exceeding the average estimate of $937.45 million, but showing a year-over-year decline of 3% [4] - TDS Telecom's Operating Revenues were reported at $264 million, close to the average estimate of $264.60 million, with a year-over-year increase of 1% [4] - TDS Telecom's Wholesale Service revenues were $44 million, slightly above the estimate of $40.96 million, but down 1.3% year-over-year [4] - Other Operating Revenues were significantly lower at $6 million compared to the estimated $36.33 million, marking an 88.2% decline year-over-year [4] - Residential Wireline Service revenues were $86 million, below the estimate of $89.17 million, reflecting a 2.4% decrease year-over-year [4] - Residential Wireline Expansion revenues increased by 37.5% year-over-year to $31 million, surpassing the estimate of $29.88 million [4] - Cable Service revenues were $65 million, below the estimate of $67.76 million, indicating a 5.1% decline year-over-year [4] - Commercial Service revenues were reported at $37 million, exceeding the average estimate of $34.13 million, with a year-over-year decline of 1.1% [4] Stock Performance - TDS shares have returned +10.3% over the past month, outperforming the Zacks S&P 500 composite's +2.2% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]

Group 1 - Telephone & Data Systems (TDS) reported a quarterly loss of $0.09 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.32, representing an earnings surprise of 71.88% [1] - The company posted revenues of $1.24 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.12%, although this is a decrease from $1.31 billion in the same quarter last year [2] - TDS shares have increased approximately 16.2% since the beginning of the year, outperforming the S&P 500's gain of 4% [3] Group 2 - The earnings outlook for TDS is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend for estimate revisions for TDS is currently favorable, leading to a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $0.03 on $1.2 billion in revenues, and for the current fiscal year, it is -$0.20 on $4.77 billion in revenues [7] Group 3 - The Wireline - National industry, to which TDS belongs, is currently ranked in the top 1% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]