Business description: Telephone and Data Systems, Inc.

Telephone and Data Systems, Inc. is a diversified telecommunications company. The Company provides broadband, video and voice through its TDS Telecom. The Company’s segment includes Array, TDS Telecom, and Other. Its Array business connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. It also holds non-controlling interests in primarily wireless operating companies and holds certain wireless spectrum licenses. Its TDS Telecom business provides residential Internet, video, mobile, and voice services primarily through monthly subscription arrangements. Its Other business segment includes its wholly owned subsidiary Suttle-Straus, Inc. The Company, through its subsidiary TDS Telecommunications LLC, delivers high-speed Internet, television entertainment, and phone services to a mix of small to mid-sized urban, suburban and rural communities throughout the United States.

Number of employees: 4,000

Sales by Activity: Telephone and Data Systems, Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

TDS Telecom

1.01B 1.02B 1.03B 1.06B 1.04B

Array

- - - - 163M

Array Towers

- - - 234M -

Array Wireless

- - - 3.67B -

Uscellular

4.12B 4.17B 3.91B - -

ALL Other

- - - 137M 29.02M

Corporate, Eliminations and Other

201M 224M - - -

Corporate and Other

- - 226M - -

Intra-Company Eliminations

- - - -135M -2.13M

Geographical breakdown of sales: Telephone and Data Systems, Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

5.33B 5.41B 5.16B 4.96B 1.23B

Executive Committee: Telephone and Data Systems, Inc.

Manager TitleAgeSince
Chief Executive Officer 72 31/01/2025
Director of Finance/CFO 64 30/05/2022
Chief Tech/Sci/R&D Officer 55 26/04/2026
Chief Tech/Sci/R&D Officer 67 11/01/2004
Investor Relations Contact - -

Composition of the Board of Directors: Telephone and Data Systems, Inc.

Director TitleAgeSince
Chairman 72 31/12/2001
Director/Board Member 65 31/12/1995
Director/Board Member 79 31/12/1996
Director/Board Member 66 31/12/2005
Director/Board Member 74 30/04/2008
Director/Board Member 79 31/12/1967
Director/Board Member 64 07/08/2023
Director/Board Member 63 24/05/2017
Director/Board Member 65 22/05/2019
Director/Board Member 57 18/05/2022

Shareholders: Telephone and Data Systems, Inc.

NameStocks%Valuation
BlackRock Advisors LLC
13.33 %
14,174,362 13.33 % 554 M $
6.407 %
6,810,317 6.407 % 266 M $
Third Point LLC
6.209 %
6,600,000 6.209 % 258 M $
DFA Australia Ltd.
5.893 %
6,264,244 5.893 % 245 M $
Vanguard Portfolio Management LLC
5.886 %
6,256,295 5.886 % 245 M $
NameStocks%Valuation
Picton Mahoney Asset Management
10.06 %
1,690,616 10.06 % 37 M $
Shikiar Asset Management, Inc.
0.3976 %
66,800 0.3976 % 1 M $
Manulife Investment Management Ltd.
0.0775 %
13,025 0.0775 % 286 420 $
Manulife Investment Management (Taiwan) Co. Ltd.
0.0648 %
10,893 0.0648 % 239 537 $
NameStocks%Valuation
96.41 %
7,213,594 96.41 % 282 M $
2.914 %
218,063 2.914 % 9 M $
0.385 %
28,807 0.385 % 1 M $
0.3813 %
28,527 0.3813 % 1 M $

Holdings: Telephone and Data Systems, Inc.

NameStocks%Valuation
37,782,82670.71% 1 922 M $

Company details: Telephone and Data Systems, Inc.

Telephone & Data Systems, Inc.

30 North LaSalle Street

60602-2585, Chicago

+

http://www.tdsinc.com
address Telephone and Data Systems, Inc.(TDS)

Other Wireless Telecommunications Services

Change 5-day change 1-year change 3-year change Capi.($)
+0.30%+2.53%+21.12%+429.68% 4.57B
+19.34%0.00% - - 2,107B
+1.54%-12.85%+212.20%+310.27% 230B
+1.77%+6.18%-17.06%+45.60% 205B
+2.52%+3.65%-16.35%+49.05% 164B
+0.42%+4.43%+14.14%+22.50% 65.81B
+1.80%+4.85%+57.06%+59.81% 35.77B
+1.95%+1.39%+28.87%+67.89% 33.28B
-2.17%-2.31%-23.97%+23.50% 28.12B
+1.27%+1.88%-0.59%+38.96% 21.85B
Average +2.87%+0.78%+30.60%+116.36% 289.51B
Weighted average by Cap. +14.51%-0.28%+58.41%+124.55%
Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
40.15USD
Average target price
50.50USD
Spread / Average Target
+25.78%

Quarterly revenue - Rate of surprise

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