Group 1 - The board of directors of Telephone and Data Systems, Inc. (TDS) has declared dividends for the first quarter of 2025 on its Common Shares, Series A Common Shares, Series UU Preferred Shares, and Series VV Preferred Shares [1][5] - TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share, payable on March 31, 2025, to holders of record on March 17, 2025 [5] - TDS is paying a quarterly dividend of $414.0625 per share on the 6.625% Series UU Preferred shares, with holders of depositary shares receiving $0.4140625 per depositary share, payable on March 31, 2025, to holders of record on March 16, 2025 [5] - TDS is paying a quarterly dividend of $375.0000 per share on the 6.000% Series VV Preferred shares, with holders of depositary shares receiving $0.3750000 per depositary share, payable on March 31, 2025, to holders of record on March 16, 2025 [5] Group 2 - TDS provides wireless, broadband, video, and voice services to approximately 5.5 million connections nationwide through its businesses, UScellular and TDS Telecom [3] - TDS was founded in 1969 and is headquartered in Chicago, employing approximately 7,900 associates as of December 31, 2024 [3]

Core Insights - TDS Telecom reported total operating revenues of $1,240 million for Q4 2024, a decrease from $1,313 million in Q4 2023, with a net loss of $11 million compared to a loss of $523 million in the same period last year [1][29] - For the full year 2024, TDS reported total operating revenues of $4,964 million, down from $5,160 million in 2023, with a net loss of $97 million compared to a loss of $569 million in 2023 [3][29] - The company plans to expand its fiber network to over 150,000 new marketable service addresses in 2025, continuing its investment in high-quality networks [7][11] Financial Performance - TDS Telecom's Q4 2024 net income attributable to common shareholders was $(11) million, or $(0.10) per share, compared to $(523) million, or $(4.64) per share in Q4 2023 [1][30] - For the year ended December 31, 2024, net income attributable to common shareholders was $(97) million, or $(0.85) per share, compared to $(569) million, or $(5.06) per share in 2023 [3][30] - Adjusted EBITDA for 2025 is estimated to be between $320 million and $360 million, with total operating revenues projected between $1,030 million and $1,070 million [13][12] Operational Highlights - TDS Telecom delivered 129,000 new marketable fiber service addresses in 2024, exceeding its full-year goal [11][6] - UScellular, a subsidiary of TDS, improved its wireless operating results, with fixed wireless customers growing by 27% [11][6] - The company is focused on ongoing fiber expansion and has entered into multiple transactions to sell wireless operations and spectrum assets to T-Mobile and other operators [7][8][9] Strategic Initiatives - TDS Telecom is actively pursuing a strategic review of alternatives at UScellular, which includes the sale of its wireless operations and spectrum assets [6][7] - The company aims to enhance its mid-band spectrum deployment to improve speed and capacity for its customers [11][6] - TDS Telecom's capital expenditures for 2025 are estimated to be between $375 million and $425 million, reflecting ongoing investments in network infrastructure [13][12]

Core Insights - Telephone & Data Systems (TDS) shares have increased by 9.4% over the past month, reaching a new 52-week high of $39.54, and have gained 15.8% since the beginning of the year, outperforming the Zacks Utilities sector and the Zacks Wireline - National industry, which returned 1.6% and 15.8% respectively [1][2]. Financial Performance - TDS has consistently exceeded earnings expectations, reporting an EPS of $0.01 against a consensus estimate of -$0.14 in its last earnings report on November 1, 2024 [2]. - For the current fiscal year, TDS is projected to have earnings of -$0.20 per share on revenues of $4.95 billion, while for the next fiscal year, earnings are expected to be -$0.15 per share on revenues of $4.77 billion, reflecting year-over-year changes of 81.27% and -3.6% respectively [3]. Valuation Metrics - TDS is currently at a 52-week high, prompting an analysis of valuation metrics to assess potential future stock performance [4]. - The Zacks Style Scores indicate TDS has a Value Score of B, a Growth Score of B, and a Momentum Score of F, resulting in a combined VGM Score of B [5][6]. Zacks Rank - TDS holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, suggesting potential for TDS shares in the near future [7].

CHICAGO, Feb. 7, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their fourth quarter operating results conference call on February 21, 2025, at 9:00 a.m. Central Time. The companies plan to release their financial results on February 21, 2025. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The webcast will be both live and on-demand. It is rec ...

Michael (Mike) Dion is an FP&A, Corporate Finance, and Small Business expert who spent the last 12 years working in the Fortune 100, building a startup's finance and accounting department, advising small businesses, and guiding non-profit organizations as a board member. He has finance experience across multiple industries, including Telecom, Media and Entertainment, Hospitality, and Construction. He founded F9 Finance, a website that helps Finance professionals accelerate their careers; and simplifies Fina ...

PHILADELPHIA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- A federal court has determined that multiple statements made by Telephone and Data Systems, Inc. (NYSE: TDS) officers of were likely made with an intent to deceive the investing public, and therefore a securities fraud class action complaint against Telephone and Data Systems, Inc. and certain of its officers has survived defendants’ motion to dismiss that complaint. If you have continuously held TDS shares since prior to May 6, 2022, you may be entitled to se ...

Have you been paying attention to shares of Telephone & Data Systems (TDS) ? Shares have been on the move with the stock up 4.9% over the past month. The stock hit a new 52-week high of $36.66 in the previous session. Telephone & Data Systems has gained 4.9% since the start of the year compared to the 8.7% move for the Zacks Utilities sector and the 95% return for the Zacks Wireline - National industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it ...

Executive Leadership Changes - Walter C D Carlson appointed as President and CEO of TDS effective February 1 2025 [1] - LeRoy T Carlson Jr transitions to Vice Chair focusing on enterprise strategy and continues as Chair of UScellular [1] - Christopher D O'Leary appointed Lead Independent Director of TDS Board [3] Leadership Backgrounds - Walter Carlson has served on TDS Board since 1981 and as non-executive Chair since 2002 [2] - Walter Carlson guided TDS through wireless industry emergence UScellular growth and TDS Telecom transformation [2] - Christopher O'Leary has served on TDS Board since 2006 with decades of public company executive leadership experience [3] - Walter Carlson previously served as attorney at Sidley Austin LLP for over 44 years including 37 years as partner [4] Company Strategy and Vision - Leadership transition reflects commitment to advance mission of providing high-quality communications services [3] - CEO transition optimizes contributions of founding family members and positions company for long-term success [4] - Walter Carlson expresses commitment to continue working with Ted Carlson and talented team on strategic initiatives [3] Company Overview - TDS provides wireless broadband video and voice services to approximately 6 million connections nationwide [5] - TDS operates through UScellular and TDS Telecom businesses [5] - Company founded in 1969 headquartered in Chicago with approximately 8000 employees as of September 30 2024 [5]

Telephone and Data Systems Preferred Shares (NYSE: TDS.PR.U ) are currently trading below par and still offer an interesting yield for income investors. As I’ve covered in previous articles , I see TDS’ preferred shares as a good way to be exposedLabutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Asso ...

NYSE: TDS Lawsuit Update: Investors Who Purchased Shares of Telephone and Data Systems, Inc. (NYSE: TDS) Should Contact the Shareholders Foundation ...