TELEPHONE AND DATA SYSTEMS INC (TDS)
Communication · Regional telecommunications and wireless infrastructure · NYSE
Regional telecommunications provider delivering bundled fiber, video, voice, and wireless services to small and mid-sized markets across 30 U.S. states, with wireless infrastructure assets and spectrum holdings.
What TELEPHONE AND DATA SYSTEMS INC does
Telephone and Data Systems, Inc. (TDS) provides high-quality communications services through its wholly-owned subsidiary TDS Telecom, which delivers broadband, video, voice, and wireless services to approximately 1.1 million connections across 30 states via fiber, coaxial, and copper networks. TDS also operates a tower leasing business through its majority-owned subsidiary Array Digital Infrastructure, Inc. (formerly United States Cellular Corporation), which holds wireless spectrum licenses and leases tower space to tenants.
Themes: ["Fiber-optic broadband expansion","Rural and small-market telecommunications","Bundled communications services (voice, video, broadband, wireless)","Wireless infrastructure and spectrum","Tower leasing and infrastructure","Network modernization and IT transformation"]
Fundamentals
- Price$34.71 as of 2026-07-09 close
- Market cap$3.7B as of 2026-07-10
- 1-year return-11.3% as of 2026-07-09 close
- P/E28.24 as of 2026-07-10
- Net margin+6.2% as of 2026-07-10
- Gross margin+59.1% as of 2026-07-10
- ROE+2.7% as of 2026-07-10
- Debt / equity0.14 as of 2026-07-10
- Revenue growth (YoY)-56.0% as of 2026-07-10
- Revenue CAGR (3y)-39.0% SEC XBRL
- Beta0.36 as of 2026-07-10
Dividend: yield +0.5%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Strategic uncertainty from announced acquisition proposal for Array Common Shares, which could divert management attention, impact financial performance, cause personnel loss, and create stock price volatility","Interest rate exposure from approximately 50% variable-rate long-term debt with weighted average interest rates of 6.0%, creating volatility in interest expense","Revenue decline of 56% year-over-year as of the reporting period, reflecting significant business challenges or portfolio changes"]
Competitors & peers
- Comcast Corporation (CMCSA)
- Charter Communications (CHTR)
- Verizon Communications (VZ)
- AT&T (T)
- CenturyLink/Lumen Technologies (LUMN)
- Frontier Communications (FTTR)
- Consolidated Communications Holdings
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.