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Telephone and Data Systems (TDS) Sells OneNeck to Boost Fiber
ZACKS· 2024-06-05 01:31
Telephone and Data Systems, Inc. (TDS) has inked a definitive agreement to sell its subsidiaries, OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC, to US Signal Company, LLC. The transaction, expected to close in the third quarter of 2024 pending customary closing conditions and mandatory regulatory approvals, marks a strategic shift for TDS as it reallocates resources to enhance its fiber program. As a wholly owned subsidiary of TDS, OneNeck specializes in delivering multi-cloud solutions and ...
TDS Telecom to transfer ownership of two Virginia companies to RiverStreet
Prnewswire· 2024-06-04 19:30
MADISON, Wis., June 4, 2024 /PRNewswire/ -- TDS Telecom has entered into a stock purchase agreement with RiverStreet Management Services, LLC ("RiverStreet"), a subsidiary of Wilkes Telephone Membership Corporation ("Wilkes") to transfer ownership of two Incumbent Local Exchange Companies (ILECs) in Virginia: Amelia Telephone Corporation ("Amelia") and New Castle Telephone Company ("New Castle"). The agreement was signed Friday, May 31 and is expected to close within the third quarter of 2024, subject to cu ...
TDS TO SELL ITS ONENECK BUSINESS TO US SIGNAL
Prnewswire· 2024-06-03 19:45
CHICAGO, June 3, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS), today announced the entry into a definitive agreement to sell its wholly owned subsidiaries OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (together, "OneNeck") to US Signal Company, LLC. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the third quarter of 2024. No terms were disclosed. US Signal is acquiring all of the OneNeck operations, including it ...
TDS Board Announces Unanimous Support for Sale of UScellular's Wireless Operations and Select Spectrum Assets to T-Mobile
Prnewswire· 2024-05-28 19:30
TDS believes transaction delivers significant value to UScellular customers and shareholders TDS announces second quarter 2024 dividends TDS and UScellular to hold conference call at 8:30 a.m. Central Time CHICAGO, May 28, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. ("TDS") (NYSE: TDS) today indicated its board of directors unanimously approved the definitive agreement reached by TDS and United States Cellular Corporation ("UScellular") (NYSE: USM) to sell UScellular's wireless operations and appr ...
ITTI(TDS) - 2024 Q1 - Earnings Call Transcript
2024-05-04 05:45
Telephone and Data Systems, Inc. (NYSE:TDS) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez - Executive Vice President & Chief Financial Officer LT Therivel - President & Chief Executive Officer, UScellular Doug Chambers - Executive Vice President, Chief Financial Officer & Treasurer Michelle Brukwicki - Senior Vice President of Finance & Chief Financial Officer, TDS Telecom Conference Call Participants Ric ...
ITTI(TDS) - 2024 Q1 - Earnings Call Presentation
2024-05-04 03:03
First Quarter 2024 Results May 3, 2024 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forward-looking statements. This includes all statements about the company’s plans, beliefs, estimates, and expectations. These statements are based on current estimates, projections, and assumpti ...
ITTI(TDS) - 2024 Q1 - Quarterly Report
2024-05-03 19:50
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-14157 TELEPHONE AND DATA SYSTEMS, INC. (Exact name of Registrant as specified in its charter) Delaware 36-2669023 (State or othe ...
ITTI(TDS) - 2024 Q1 - Quarterly Results
2024-05-03 19:35
Exhibit 99.1 NEWS RELEASE As previously announced, TDS will hold a teleconference on May 3, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. TDS reports first quarter 2024 results 2024 guidance reaffirmed CHICAGO (May 3, 2024) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,262 million for the first quarter of 2024, versus $1,303 million for the same period one year ago. Net income (loss) attributable to TDS co ...
ITTI(TDS) - 2023 Q4 - Earnings Call Presentation
2024-02-17 06:09
Fourth Quarter 2023 Results 2023 Accomplishments 2024 Strategic Priorities 2024 Guidance February 16, 2024 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forward-looking statements. This includes all statements about the company’s plans, beliefs, estimates, and expectations. These ...
ITTI(TDS) - 2023 Q4 - Earnings Call Transcript
2024-02-17 06:08
Telephone and Data Systems, Inc. (NYSE:TDS) Q4 2023 Earnings Conference Call February 16, 2024 10:00 AM ET Company Participants Colleen Thompson - VP, Corporate Relations Vicki Villacrez - EVP & CFO Laurent Therivel - President, CEO & Director Douglas Chambers - EVP, CFO and Treasurer Michelle Brukwicki - CFO, TDS Telecommunications LLC Conference Call Participants Richard Prentiss - Raymond James Simon Flannery - Morgan Stanley Michael Rollins - Citigroup Sergey Dluzhevskiy - GAMCO Investors Operator Good ...