Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc.

TDS-PV
Telephone and Data Systems, Inc.US flagNew York Stock Exchange
18.94
USD
+0.12
- -
4.21BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
4,901
5,009
5,210
5,155
5,044
5,109
5,176
5,225
5,329
5,413
1,355
1,297
1,228
2,135
Operating Margin (%)
-5.92
-4.07
3.26
2.21
3.01
3.84
3.67
5.38
5.35
2.79
-9.78
-8.15
-5.05
1.1
Depreciation Expense
1,018
837
844
850
844
883
932
909
895
929
310
326
352
353
Net Income, GAAP
142
-136
219
43
153
135
121
226
156
62
-500
-28
-6
131
Effective Tax Rate (%)
43.04
- -
39.54
43.48
- -
20.81
30.33
6.6
14.93
42.4
- -
- -
- -
2.19
Profit Margin (%)
2.9
-2.72
4.2
0.83
3.03
2.64
2.34
4.33
2.93
1.15
-36.9
-2.14
-0.51
6.15
Working Capital
912
785
1,214
1,180
1,058
1,504
959
1,874
882
540
491
605
483
1,076
LT Debt
1,720
1,941
2,440
2,433
2,437
2,418
3,247
4,364
3,888
4,639
4,970
2,957
1,373
1,221
Total Equity
4,671
4,456
4,705
4,751
4,893
5,304
5,415
5,603
6,745
6,615
6,008
5,884
5,267
5,263
Return on Invested Capital (%)
-2.58
- -
1.52
0.9
- -
2.06
1.61
2.78
2.32
0.79
- -
- -
- -
0.26
Return on Capital (%)
3.6
- -
5.05
2.36
- -
4.04
3.32
4.56
3.82
1.68
- -
- -
- -
3.15
Return on Common Equity (%)
5.68
-5.6
9.09
1.74
6.14
5.21
4.54
8.25
4.17
-0.25
-24.1
-5
-4.26
3.43

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
30
31
34
LT Borrowings
825
823
673
LT Finance Leases
555
550
548
Preferred Equity and Hybrid Capital
1,074
1,074
1,074
Shares Outstanding
116
114
114
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,080
923
1,520
Cash, Cash Equivalents & STI
933
766
1,367
Accounts Receivable, Net
59
69
63
Inventories
4
4
4
Total Current Liabilities
571
440
444
Payables & Accruals
264
165
239
ST Debt
30
31
34
Deferred Revenue
165
125
84

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.47%
-0.66%
-10.48%
Free Cash Flow
-228.51%
-221.81%
-74.36%
Net Income, GAAP
-92.96%
-233.93%
-77.49%
Sales/Revenue/Turnover
-8.07%
-16.2%
-5.3%
Total Cash Common Dividend
-7.33%
-19.72%
-47.54%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,262
1,238
327
1,240
1,297
2025
290
1,186
309
331
1,228
2026
309
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Walter C. D. Carlson
Full Time Employees
4,000
Sector
Communication Services
Industry
Telecommunications Services
Address
30 North LaSalle Street Chicago IL United States of America 60602
IPO Date
Aug 11, 2021
Website
tdsinc.com
Business
Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company headquartered in Chicago, Illinois, founded in 1969. The company operates primarily in the United States and provides communications services through three main business segments: UScellular Wireless, UScellular Towers (Array Digital Infrastructure), and TDS Telecom. TDS offers a range of products and services including wireless products and services; cable and wireline broadband with high-speed internet; TV entertainment solutions; voice services including traditional phone and VoIP advanced communications; dedicated internet service; data networking; hosted and managed services; and tower leasing to third-party carriers. TDS Telecom delivers fiber-powered internet with speeds up to 8 Gigabit, internet-protocol-based TV entertainment, and phone services to a mix of small to mid-sized urban, suburban, and rural communities nationwide. In recent major developments, TDS completed the sale of its OneNeck IT Solutions and data center business to US Signal in 2024 to focus capital on expanding its fiber broadband program. In 2024, TDS also made a major strategic shift by entering an agreement with T-Mobile US for the acquisition of substantially all wireless activities of UScellular and specific spectrum licenses for approximately $4.4 billion, completing the transaction in 2025. This deal positioned TDS's tower business for growth and value creation. Additionally, TDS acquired TEAM Technologies, LLC, a significant data center services provider in the Upper Midwest, expanding its infrastructure capabilities. The company is executing an aggressive fiber broadband expansion strategy, having delivered over 27,000 marketable fiber service addresses and adding thousands of new residential broadband connections in 2025. Ken Dixon joined as President and CEO of TDS Telecom to lead these efforts. TDS operates across the telecommunications industry, targeting consumer, business, and government customers in the U.S. Its subsidiaries include TDS Telecom, which services approximately 1.1 million connections, and Array Digital Infrastructure, which manages the tower leasing business. The company’s strategic focus centers on growing fiber broadband services, strengthening tower operations, and leveraging wireless infrastructure to enhance connectivity nationwide. Its comprehensive portfolio and operational focus on expanding fiber networks and managing wireless assets underpin its position as a key player in the U.S. telecommunications market.