$TDS (Telephone & Data Systems Inc.)

$TDS {{ '2016-08-05T19:39:25+0000' | timeago}} • Webcast

Chicago, Illinois-based company $TDS said overall revenues came in as expected in 2Q16. The company's equipment installation plans (EIP) penetration continues to grow rapidly and is currently at 37%. TDS has improved the number of connections per account resulting in an YoverY increase in average billings per account.

$TDS {{ '2017-06-28T20:19:14+0000' | timeago}} • Webcast

$TDS appointed Anita Kroll as VP and controller, effective immediately. She will be responsible for corporate accounting, internal and external reporting, accounting policy, tax compliance and accounting, and enterprise-wide shared services. Kroll joined $TDS in 2011, and currently serves as the director of revenue recognition.

$TDS {{ '2017-06-28T20:17:06+0000' | timeago}} • Webcast

$TDS appointed Michelle Brukwicki as VP of financial analysis and strategic planning, effective immediately. She will lead the enterprise-wide strategic planning, budgeting and forecasting process for $TDS and its business units. Brukwicki joined $TDS in 2007, and currently serves as director of accounting for $TDS' subsidiary TDS Telecom.

$TDS {{ '2017-05-30T17:25:15+0000' | timeago}} • Announcement

$TDS named James W. Butman, currently COO at TDS Telecom, will succeed retiring President and CEO, David A. Wittwer at the end of 2017. Wittwer will continue to serve as a member of the TDS Board of Directors.

$TDS {{ '2017-05-26T14:36:09+0000' | timeago}} • Announcement

The BoD of $TDS declared a 2Q17 dividend of $0.155 per Common Share and Series A Common Share. The dividend will be paid on June 30, 2017, to shareholders of record as of June 16, 2017.

$TDS {{ '2017-05-05T12:21:16+0000' | timeago}} • Announcement

Telecom service company $TDS 1Q17 net income rose to $37MM, or $0.33 per share, compared to $8MM, or $0.07 per share during 1Q16. This increase was mainly due to growth in both IPTV and broadband connections. Operating revenues fell marginally by 1% to $1,238MM from $1,254MM.

$TDS {{ '2017-03-20T14:04:44+0000' | timeago}} • Announcement

$TDS named Peter D. Taft as the new Strategy VP. Mr. Taft, who will report to SVP Joseph R. Hanley, most recently served as Product Management and Strategy VP for XO Communications.

$TDS {{ '2017-02-24T16:04:05+0000' | timeago}} • Announcement

The BoD of $TDS declared a 1Q17 dividend of $0.155 per common share and series A common share. The dividend will be payable on March 31, 2017 to shareholders of record as of March 17, 2017.

$TDS {{ '2017-02-01T17:34:40+0000' | timeago}} • Announcement

TDS Broadband Service LLC, a subsidiary of $TDS, and operated by TDS Telecom, announced the purchase of InterLinx Communications LLC and its subsidiary Tonaquint Networks LLC in Southern Utah. Employees from Tonaquint Networks, InterLinx and TDS will operate out of the current InterLinx office space in St. George.

$TDS {{ '2017-01-04T18:10:45+0000' | timeago}} • Announcement

$TDS appointed Daniel DeWitt as SVP of human resources, effective Jan. 23, 2017. He succeeds Theodore Herbert, who is retiring after nearly 32 years with the company. DeWitt will report directly to the company's president and CEO LeRoy Carlson, Jr.

$TDS {{ '2016-11-22T18:06:40+0000' | timeago}} • Announcement

$TDS' BoD declared 4Q16 dividend of $0.148 per Common Share and Series A Common Share. The dividend is payable on Dec. 29, 2016 to shareholders of record on Dec. 16, 2016.

$TDS {{ '2016-11-15T18:37:22+0000' | timeago}} • Announcement

$TDS said its subsidiary TDS Broadband Service LLC agreed to buy InterLinx Communications LLC, a Telecom service provider and its subsidiary Tonaquint Networks LLC in Southern Utah. The agreement includes over 170 miles of fiber optic transport.

$TDS {{ '2016-11-04T19:33:13+0000' | timeago}} • Webcast

$TDS said that on the cable competitive environment, the company is pleased with the growth seen in 3Q16. The company added that it has seen a significant shift in moving its customer base from lower broadband speeds to higher broadband speeds, driving success. $TDS also expects to take its broadband speeds to up to 300 MBPS by end of 2016.

$TDS {{ '2016-11-04T19:00:21+0000' | timeago}} • Webcast

For 2016, $TDS expects total operating revenues in the range of $3.9-4.1Bil and operating cash flow is expected in the range of $525-650MM. The company also stated that it expects adjusted EBITDA in the range of $725-850MM, while CapEx is expected to be about $500MM for 2016.

$TDS {{ '2016-11-04T18:57:36+0000' | timeago}} • Webcast

$TDS expects downward pressure on service revenues, while expects equipment sales revenue to continue to grow going forward. The company is seeing equipment sales growth in future due to more of the customer base moving to subsidized equipment pricing.

$TDS {{ '2016-11-04T18:48:06+0000' | timeago}} • Webcast

$TDS said smartphones represented 92% of total handsets sold in 3Q16, while smartphone penetration rose to 78% of the base of postpaid handset connections, up from 72% a year ago. Postpaid churn rate remained low at 1.34% for the quarter, while it was up from the historic low of 1.20% in the previous quarter.

$TDS {{ '2016-11-04T18:29:56+0000' | timeago}} • Webcast

$TDS saw a sizable shift in 3Q16, with postpaid adds declining, while prepaid adds surging significantly. Postpaid and prepaid combined, the company saw retail net additions of 61,000 in the quarter. Disruption in new device availability and inventory constraints of iPhone 7 during the launch contributed to postpaid decline of 6,000 users.

$TDS {{ '2016-11-04T13:38:01+0000' | timeago}} • Announcement

Telecom service company $TDS reported 3Q16 earnings of $13MM, or $0.11 per share, compared to $51MM, or $0.46 per share a year ago. In the latest reported quarter, $TDS recognized a charge of $13MM against a gain of $58MM in the year-ago period. Revenues fell to $1.30Bil from $1.37Bil.

$TDS {{ '2016-08-18T14:43:12+0000' | timeago}} • Announcement

$TDS said it appointed Vicki Bernards as VP of financial analysis and strategic planning. In her role, she will continue to lead the enterprise-wide strategic planning, budgeting and forecasting processing for $TDS and its business units. Bernards joined $TDS in 2001, and was most recently director of financial analysis and strategic planning.

$TDS {{ '2016-08-05T20:14:21+0000' | timeago}} • Webcast

$TDS said in TDS Telecom, cable residential revenues increased 3% as increases from the connections growth was offset by continued promotional offerings. Commercial revenues decreased 3% primarily due to a discrete adjustment that occurred last year. Excluding this adjustment, commercial revenues were up 5%. Total cable revenues were $45MM.

$TDS {{ '2016-08-05T20:03:46+0000' | timeago}} • Webcast

$TDS said overall 2Q16 results for TDS Telecom showed improvement over 1Q16 as revenues were strong in all three segments. Wireline revenues were nearly even with last year and as adjusted for divestitures showed positive growth with 5% increase in residential revenue. Cable revenues grew 2% and HMS revenues grew 6%.

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