TDS Stock Recent News

CHICAGO , Aug. 2, 2024 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on August 2, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.

TDS is expected to announce EPS of -$0.13 and revenue of $1.24 billion pre-market on Friday, August 2nd. Assuming the US Cellular deal goes through, even with concessions, investors are looking at mid to high double-digit returns. Downside risk is mitigated by T-Mobile's M&A experience with Sprint.

CHICAGO , July 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their second quarter operating results conference call on August 2, 2024, at 9:00 a.m. Central Time.

Does Telephone & Data Systems (TDS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Telephone and Data Systems preferred stock has seen a 70% total return in about a year, outperforming the S&P 500 by an impressive margin. High interest rates and debt impacted the stock in recent years, but a strategic decision to sell assets has rendered the dividend safer. Risks remain as the company navigates hurdles to close the deal and may struggle to maintain the preferred dividend in the long run.

Telephone and Data Systems Preferred Shares offer a better combination of income and value compared to ordinary shares. TDS's recent financial performance shows mixed results, with strong competition leading to revenue pressure in the wireless segment. TDS's preferred shares, specifically the U series, with a 6.625% dividend yield and a call date for March 2026, seem to be a better option for investors.

MADISON, Wis. , June 27, 2024 /PRNewswire/ -- TDS Telecommunications LLC (TDS Telecom) is gearing up to launch a mobile phone product.

The divestiture aligns with Telephone and Data Systems' (TDS) capital allocation strategy, aiming to boost competitiveness through targeted investments.

GRAND RAPIDS, Mich. , June 3, 2024 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading digital infrastructure provider and portfolio company of Igneo Infrastructure Partners, has entered into a definitive agreement to acquire OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (OneNeck) from Telephone and Data Systems, Inc. (NYSE: TDS), a provider of wireless, broadband, video, voice, hosted and managed services to U.S. businesses.

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.