Telephone and Data Systems, Inc. (TDS)

Over the past six months, Telephone & Data Systems, Inc. (TDS) stock has seen an increase of 15.47%. As of April 6, 2026, the stock price was $45.35 per share, marking a 28.62% increase from April 7, 2025. More recently, on April 2, 2026, the closing price was $44.89, reflecting a 1.70% rise from the previous day and a 1.40% increase over the past 30 days. Key events impacting the stock include presentations at the Raymond James Conference, reporting of Q4 and full-year 2025 results showing a net profit and improved revenue, a hedge fund making a $21 million investment, and news of a $34 million exit from TDS stock by one entity.

Demand for Telephone & Data Systems' products and services exhibits some seasonality. TDS Telecom's expansion markets experience seasonal impacts on construction activity, with an expected acceleration after the winter months. The company offers a "seasonal hold" option for its services, indicating that some customers temporarily suspend their services during certain periods of the year. Demand for TDS TV+ for Business services sees a "busiest season" during periods of nice weather and increased tourism. There is a general and growing demand for faster internet speeds, with a significant percentage of residential broadband customers opting for 1 Gigabit or higher speeds.

Telephone & Data Systems, Inc. (TDS) is a Chicago-based telecommunications service company providing communication services and products to consumers and businesses across the U.S. TDS operates in the communications services sector, focusing on wireless telecommunication services. Its core business revolves around its subsidiaries: TDS Telecom, Array Digital Infrastructure, and Suttle-Straus. TDS Telecom delivers high-speed internet, TV entertainment, and phone services. Array Digital Infrastructure focuses on wireless services and radio tower leasing. Suttle-Straus provides marketing solutions, including printing services.

TDS serves small to mid-sized urban, suburban, and rural communities throughout the U.S. TDS Telecom provides services in 29 states, with significant coverage in Wisconsin, Tennessee, and Oregon. Its service areas extend across states including Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Indiana, Kentucky, Maine, Michigan, Minnesota, Mississippi, Montana, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Vermont, Virginia, Washington, Wisconsin, Utah, and Texas. TDS Inc. is headquartered in Chicago, Illinois, while TDS Telecom is headquartered in Madison, Wisconsin.

TDS Telecom's brand reputation, based on customer reviews over the past year, appears mixed to negative. On the Better Business Bureau (BBB) website, TDS Telecom has an average customer review rating of 2.01 out of 5 stars from 418 reviews. Similarly, on Trustpilot, TDS Telecom holds a 1.2-star rating from 183 reviews. Common complaints include issues with service reliability, frequent outages, poor customer service, unexpected price increases, hidden charges, and billing discrepancies. However, there are also positive reviews, with some customers praising reliable internet service, competitive rates, and good reception. Array Digital Infrastructure (formerly U.S. Cellular) also shows negative feedback on the BBB website, with complaints related to phone defects and issues with promotional events.

Telephone & Data Systems, Inc. has a significant institutional ownership base, with 351 institutional owners and shareholders holding a total of 101,829,694 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Third Point LLC, Dimensional Fund Advisors Lp, Carronade Capital Management, LP, State Street Corp, Oaktree Capital Management Lp, American Century Companies Inc, Geode Capital Management, Llc, and Goldman Sachs Group Inc. TDS is classified as a "controlled company" by the NYSE, meaning that over 50% of the voting power for the election of directors is held by the trustees of the TDS Voting Trust.