Telephone & Data Systems Inc. ( (TDS) ) has released its Q1 earnings. Here is a breakdown of the information Telephone & Data Systems Inc. presented to its investors.
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Telephone and Data Systems, Inc. (TDS) is a telecommunications company providing wireless, broadband, video, and voice services through its subsidiaries, UScellular and TDS Telecom, across the United States.
In the first quarter of 2025, TDS reported a decline in total operating revenues to $1,154 million from $1,262 million in the same period last year, with a net loss attributable to common shareholders of $10 million compared to a net income of $12 million in the previous year.
Key financial highlights include a 6% increase in third-party tower rental revenues and ongoing 5G network deployment by UScellular. TDS Telecom saw a 3% revenue decline due to divestitures but continued its fiber broadband expansion, adding 14,000 marketable fiber service addresses. The company is also exploring strategic alternatives for UScellular, including a significant transaction with T-Mobile expected to close mid-2025.
Looking ahead, TDS is focused on transforming its business through foundational changes in its fiber and tower operations, while the anticipated sale of UScellular’s wireless operations to T-Mobile is expected to bring further strategic opportunities.