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TDS Telecom to launch mobile phone product
Prnewswire· 2024-06-27 15:30
TDS Mobile will be covered by a national 5G mobile network as the company enters the Mobile Virtual Network Operator (MVNO) market through the established National Content & Technology Cooperative (NCTC) partnerships. "TDS Telecom's decision to enter the mobile market aligns perfectly with our mission to simplify and accelerate network-based service launches. We are thrilled to partner with TDS Telecom and support their commitment to delivering exceptional value and high-quality service to their customers t ...
Telephone and Data Systems (TDS) Sells OneNeck to Boost Fiber
ZACKS· 2024-06-04 17:31
Telephone and Data Systems, Inc. (TDS) has inked a definitive agreement to sell its subsidiaries, OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC, to US Signal Company, LLC. The transaction, expected to close in the third quarter of 2024 pending customary closing conditions and mandatory regulatory approvals, marks a strategic shift for TDS as it reallocates resources to enhance its fiber program. As a wholly owned subsidiary of TDS, OneNeck specializes in delivering multi-cloud solutions and ...
TDS Telecom to transfer ownership of two Virginia companies to RiverStreet
Prnewswire· 2024-06-04 11:30
MADISON, Wis., June 4, 2024 /PRNewswire/ -- TDS Telecom has entered into a stock purchase agreement with RiverStreet Management Services, LLC ("RiverStreet"), a subsidiary of Wilkes Telephone Membership Corporation ("Wilkes") to transfer ownership of two Incumbent Local Exchange Companies (ILECs) in Virginia: Amelia Telephone Corporation ("Amelia") and New Castle Telephone Company ("New Castle"). The agreement was signed Friday, May 31 and is expected to close within the third quarter of 2024, subject to cu ...
TDS TO SELL ITS ONENECK BUSINESS TO US SIGNAL
Prnewswire· 2024-06-03 11:45
CHICAGO, June 3, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS), today announced the entry into a definitive agreement to sell its wholly owned subsidiaries OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (together, "OneNeck") to US Signal Company, LLC. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the third quarter of 2024. No terms were disclosed. US Signal is acquiring all of the OneNeck operations, including it ...
TDS Board Announces Unanimous Support for Sale of UScellular's Wireless Operations and Select Spectrum Assets to T-Mobile
Prnewswire· 2024-05-28 11:30
TDS believes transaction delivers significant value to UScellular customers and shareholders "Over the past four decades, TDS has supported the growth and development of UScellular, its wireless business and the company's mission to connect people to what matters most. Continuing to deliver for UScellular's customers requires a level of scale and investment that is best achieved by integrating its wireless operations with those of T-Mobile. We are confident that T-Mobile is the right partner and now is the ...
ITTI(TDS) - 2024 Q1 - Earnings Call Transcript
2024-05-03 21:45
Telephone and Data Systems, Inc. (NYSE:TDS) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez - Executive Vice President & Chief Financial Officer LT Therivel - President & Chief Executive Officer, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer & Treasurer Michelle Brukwicki - Senior Vice President of Finance & Chief Financial Officer, TDS Telecom Conference Call Participants Ric ...
ITTI(TDS) - 2024 Q1 - Earnings Call Presentation
2024-05-03 19:03
Safe Harbor Statement Under the Private Securities Litigation Corporate Update • Improved profitability 3 • Fixed wireless connections grew 42% • Continued mid-band deployment Gross Additions (in thousands) 87 96 106 114 124 1Q'23 2Q'23 3Q'23 4Q'23 1Q'24 Churn 1.06% 1.01% 1.11% 1.22% 1.03% 1.27%1.21% 1.30% 1.44% 1.22% Handsets Total Postpaid Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Net Additions (in thousands) scellula *uscellular. All information set forth in this presentation about Telephone and Data Systems, Inc., ...
ITTI(TDS) - 2024 Q1 - Quarterly Report
2024-05-03 11:50
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, 2024 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 ...
ITTI(TDS) - 2024 Q1 - Quarterly Results
2024-05-03 11:35
Exhibit 99.1 NEWS RELEASE As previously announced, TDS will hold a teleconference on May 3, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. TDS reports first quarter 2024 results 2024 guidance reaffirmed CHICAGO (May 3, 2024) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,262 million for the first quarter of 2024, versus $1,303 million for the same period one year ago. Net income (loss) attributable to TDS co ...
ITTI(TDS) - 2023 Q4 - Earnings Call Presentation
2024-02-16 22:09
*uscellular. 2This presentation contains certain non-GAAP financial measures. Information about these non-GAAP financial measures and reconciliations between each non-GAAP financial measure and the most directly comparable GAAP measure are contained in the appendix to this presentation. Supporting our business units as they make key investments *uscellular. Cost optimization program remains strong; Adjusted EBITDA grew 3% Network modernization completed; focusing on multi-year mid-band deployment going forw ...