Telephone and Data Systems, Inc. (TDS)

The past six months have been significantly impacted by the sale of UScellular's wireless operations. Array Digital Infrastructure completed the sale of its wireless operations to T-Mobile US for $4.3 billion on August 1, 2025. Following the sale, Array Digital Infrastructure declared a special dividend of $23.00 per share, payable on August 19, 2025. S&P Global Ratings upgraded Telephone and Data Systems Inc. to 'BBB-' from 'BB' on August 1, 2025. TDS is in the process of selling approximately $2 billion of spectrum licenses to AT&T and Verizon, with these transactions expected to close in the second half of 2025 and the third quarter of 2026, respectively. From October 21, 2024, to October 17, 2025, TDS's share price increased by 35.96%. TDS reported total operating revenues of $1,186 million for Q2 2025 and a net loss attributable to common shareholders of $(5) million. TDS's Q3 2025 earnings are scheduled for release on November 7, 2025.

Demand in the telecommunications and broadband services market can exhibit seasonality. The second quarter is typically slower for cable broadband operators, while the third quarter can experience seasonal tailwinds. Wireless sales can experience lulls during spring and summer, with peaks often observed around November and December. There is a growing demand for high-speed internet due to increased video streaming, online gaming, remote work, and smart home applications.

Telephone & Data Systems, Inc. (TDS) is a telecommunications service company based in Chicago, Illinois, providing communication services across the United States. TDS operates through its subsidiaries, TDS Telecom and Array Digital Infrastructure, Inc. TDS Telecom offers cable and wireline broadband, TV, and voice services to residential and business customers, including high-speed internet and VoIP solutions. Array Digital Infrastructure, Inc., an 83% owned subsidiary, owns and operates shared wireless communications infrastructure, enabling the deployment of 5G and other wireless technologies.

TDS Telecom provides services to small to mid-sized urban, suburban, and rural communities across 29 to 30 states in the U.S. Array Digital Infrastructure owns and operates over 4,400 cell towers across the United States, providing wireless communications infrastructure from coast to coast.

TDS has been recognized as "Best Internet Provider" for two consecutive years. Specific events that have significantly impacted Telephone & Data Systems, Inc.'s brand reputation in the past year were not prominently reported in the available information.

Telephone & Data Systems, Inc. (TDS) stock is primarily held by institutional shareholders, who own 93.81% of the company. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Third Point LLC, Dimensional Fund Advisors Lp, and State Street Corp. Insiders hold 17.06% of the stock, while Trust Voting is noted as the largest individual shareholder, owning 5.83% of the company's shares. In the past three months, insiders have sold more company stock than they have bought.