- CEO
- None
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- DE United States of America
- IPO Date
- Mar 31, 2005
- Business
- Telephone and Data Systems, Inc. (TDS) operates as a diversified telecommunications holding company that provides wireless infrastructure, broadband, video, voice, and related hosted-managed services to approximately 6 million connections nationwide through its subsidiaries. Founded in 1969 and headquartered in Chicago, Illinois, TDS conducts its primary operations via TDS Telecommunications LLC (TDS Telecom), which delivers fiber-powered high-speed internet up to 8 Gigabit speeds, internet-protocol TV entertainment, traditional phone services, VoIP advanced communications, dedicated internet access, data networking, and hosted-managed services to residential, small-to-mid-sized urban, suburban, and rural communities across the United States; UScellular, which offers wireless products and services as the fourth-largest full-service carrier with national network coverage; and Suttle-Straus, a provider of comprehensive marketing and printing solutions. In recent developments, TDS completed the sale of its UScellular wireless operations and certain spectrum assets to T-Mobile US for $4.3 billion in 2025, enhancing financial flexibility and enabling a strategic focus on fiber expansion and tower operations; sold its OneNeck IT Solutions data centers, cloud hosting, and managed services business to US Signal in 2024 to prioritize core broadband investments; announced a $1 billion spectrum sale to Verizon in October 2024; and authorized a new $500 million share repurchase program in November 2025. These transactions strengthen TDS's balance sheet, with proceeds supporting TDS Telecom's fiber-to-the-home network modernization and community broadband deployments. TDS targets retail consumers, small-to-mid-size businesses in industries such as construction, retail, agriculture, and professional services, as well as government entities, primarily within the United States.