← Back

Telephone and Data Systems Inc

Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States. It operates through two segments: TDS Telecom and Array. The company offers internet connections and all-home Wi-Fi services, fiber internet, security, and support services; advanced home TV entertainment combined with a digital video recording (DVR) services; TDS TV+, an integrated cloud TV platform that combines linear and on-demand programming, mobile device interfaces, personalized recommendations, and network-based DVR; digital television; local and long-distance telephone service, voice over internet protocol, and enhanced services; wireless services to customers; broadband, IP-based services, and hosted voice and video collaboration services to small- and medium-sized businesses; carrying data and voice traffic services; wholesale services; and communication services in underserved areas. The company is also leases tower spaces to tenants; provides ancillary services. The company sells and distributes its products through third-party direct sales, retail stores, sales agents, and an online platform to sell services and products. Telephone and Data Systems, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Price · split & dividend adjusted
News & notes moving TDS
Cloud & Digital Infrastructure▲4

TDS Raises Fiber Guidance as Legacy Revenue Declines

Telephone and Data Systems raised its full-year fiber address guidance to a range of 250,000 to 300,000 after adding roughly 66,000 marketable fiber service addresses in the second quarter, pushing first half 2026 delivery to about 106,000, the strongest opening half in company history. Total telecom operating revenue fell 6% in the quarter, or 4% excluding divestitures, and management trimmed its full-year telecom revenue guidance to a range of $1 billion to $1.025 billion. Residential fiber net adds reached 15,100 for the quarter, up 47% year-over-year, and fiber revenue climbed 13%, or $11 million. Array Digital Infrastructure, the tower subsidiary in which TDS has an unresolved buyout offer for minority shares, saw cash site rental revenue up 65% year-over-year on a normalized basis and closed a $168 million spectrum sale to T-Mobile in May and a $1 billion transaction with Verizon in June.
TDS ▲AD ▲TMUS ▲VZ ▲
Cloud & Digital Infrastructure
Insider Monkey·8dRead more ▾
TDS

Telephone and Data Systems Q2 profit strong but valuation gap questioned

Telephone and Data Systems reported strong second-quarter 2026 results on August 7, with revenue of US$309.28 million and net income of US$298.37 million from continuing operations. Despite the stronger earnings profile and spectrum transactions with Verizon and T-Mobile, the stock has softened to US$33.17, and the most followed narrative places fair value at US$52.33, implying a 36.6% undervaluation. However, a Simply Wall St discounted cash flow model points to a value of just US$1.63 per share, well below the current price, highlighting a wide gap between analyst targets and cash-flow-based valuation. The company faces pressure from declining legacy copper and cable revenue and heavy fiber capital spending that could strain margins and cash generation.
TDS
Simply Wall St·14dRead more ▾
TDS▲

Telephone And Data Systems swings to Q2 net income of $281.06 million

Telephone and Data Systems reported second-quarter net income attributable to TDS common shareholders of $281.06 million, swinging from a loss of $5.74 million a year earlier. Earnings per share were $2.42, compared with a loss of $0.05 in the prior-year quarter. Total operating revenues for the three months ended June 30, 2026, rose 4% to $309.28 million, while TDS Telecom revenues fell 6% to $248.41 million. Shares were down 2.25% to $35.19 in pre-market trading on the NYSE.
TDS ▲
RTTNews·19dRead more ▾
© 2026 MarketDXAsset