TDS, a publicly owned company headquartered in the United States, was founded in 1969, employs approximately 3,670 individuals, specializes in telecoms, and reported $1.2B in revenue as of 2025. Functioning as a diversified telecommunications company, TDS provides broadband, video, and voice services to communities across the U.S. through its TDS Telecom subsidiary. It formerly provided wireless services via its 82%-owned subsidiary U.S. Cellular. Its primary assets include extensive fiber-optic networks, internet and video infrastructure, and, historically, wireless spectrum and cell towers, though a significant portion of these wireless-related assets were sold as part of a recent transaction. Additionally, its Array business leases and offers tower space to third-party carriers.
Telephone and Data Systems Inc. (TDS) declared a quarterly dividend of $0.04 per share on its Common Shares and Series A Common Shares on August 19, 2026, with an official announcement on August 20. Stockholders of record by September 15, 2026, will receive the payment on September 30, 2026. The company's board also declared third-quarter 2026 dividends on its Series UU Preferred Shares and Series VV Preferred Shares. This follows the company's second-quarter earnings call on August 7, during which TDS indicated that its fiber network is expanding at an unprecedented rate, even as its legacy copper and cable lines continue to experience revenue declines.
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