Why Is Telephone And Data Systems Stock Surging Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2024
0mins
Should l Buy TDS?
Source: Benzinga
- Telephone and Data Systems, Inc. Deal: TDS announced the sale of its subsidiaries OneNeck IT Solutions and OneNeck Data Center Holdings to US Signal Company.
- Acquisition Details: US Signal, owned by Igneo Infrastructure Partners, will acquire all operations of OneNeck, including data centers, cloud hosting, and solutions provider services.
- Strategic Capital Allocation: TDS aims to prioritize assets for competitiveness, with the sale providing capital to support TDS Telecom's fiber program for broadband connectivity.
- Transaction Timeline: The deal is set to close in the third quarter of 2024, subject to customary closing conditions.
- Investor Opportunities: Investors can access TDS shares through SPDR S&P Telecom ETF XTL and Invesco S&P SmallCap Utilities & Communication Services ETF PSCU.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TDS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TDS
Wall Street analysts forecast TDS stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 45.520
Low
51.00
Averages
51.00
High
51.00
Current: 45.520
Low
51.00
Averages
51.00
High
51.00
About TDS
Telephone and Data Systems, Inc. is a diversified telecommunications company. The Company provides broadband, video and voice through its TDS Telecom. The Company’s segment includes Array, TDS Telecom, and Other. Its Array business connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. It also holds non-controlling interests in primarily wireless operating companies and holds certain wireless spectrum licenses. Its TDS Telecom business provides residential Internet, video, mobile, and voice services primarily through monthly subscription arrangements. Its Other business segment includes its wholly owned subsidiary Suttle-Straus, Inc. The Company, through its subsidiary TDS Telecommunications LLC, delivers high-speed Internet, television entertainment, and phone services to a mix of small to mid-sized urban, suburban and rural communities throughout the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Telephone and Data Systems Set to Release Q1 Earnings on May 8
- Earnings Announcement: Telephone and Data Systems (TDS) is set to announce its Q1 earnings on May 8 before market open, with a consensus EPS estimate of -$0.87, reflecting a staggering 866.7% year-over-year decline, indicating significant profitability challenges for the company.
- Revenue Decline: The expected revenue for Q1 is $313.28 million, down 72.8% year-over-year, highlighting the company's struggles with market competition and customer attrition, which could negatively impact investor confidence moving forward.
- Historical Performance Review: Over the past year, TDS has only beaten EPS estimates 25% of the time and revenue estimates 75% of the time, indicating considerable volatility in its profitability and revenue growth, which may affect its stock performance.
- Market Reaction Analysis: The upcoming earnings report could influence TDS's stock price, especially in light of strong performances from competitors like Verizon, prompting investors to closely monitor the company's financial health and future outlook.
See More
TDS and Array Digital Infrastructure to Host Q4 Earnings Call
- Earnings Call Announcement: Telephone and Data Systems (TDS) and Array Digital Infrastructure will host their fourth-quarter earnings call on May 8, 2026, at 9:00 a.m. Central Time, which will provide insights into their financial performance and future outlook.
- Webcast Details: The conference call will be available via webcast, allowing investors to access real-time information through the companies' investor pages, thereby enhancing transparency and investor confidence.
- Registration Recommendation: Investors are advised to register at least 15 minutes prior to the call to download and install necessary multimedia streaming software, ensuring a smooth experience and access to the latest updates.
- Company Background: Founded in 1969, TDS provides broadband services and wireless infrastructure through its subsidiaries, highlighting the company's long-standing presence and competitive position in the telecommunications industry.
See More
Telephone and Data Systems to Release Q4 Earnings
- Earnings Call Announcement: Telephone and Data Systems (TDS) and Array Digital Infrastructure will hold a conference call on May 8, 2026, at 9:00 a.m. Central Time to discuss their fourth-quarter operating results, which is expected to significantly impact investor sentiment.
- Webcast Details: The earnings call will be available via webcast on both companies' investor pages, and participants are encouraged to register at least 15 minutes in advance to ensure smooth access, reflecting the companies' commitment to transparency and investor communication.
- Company Background: Founded in 1969, Telephone and Data Systems provides broadband services and wireless infrastructure through its subsidiaries, TDS Telecom and Array Digital Infrastructure, highlighting its long-standing presence and market position in the telecommunications sector.
- Investor Relations Focus: By offering a webcast and earnings release, TDS and Array emphasize their focus on investor relations, aiming to enhance market confidence and improve company transparency, which could positively influence stock performance.
See More
TDS and Array to Release Q1 Results on May 8, 2026
- Earnings Release Schedule: TDS and Array Digital Infrastructure will release their fourth-quarter financial results on May 8, 2026, which is expected to impact investor confidence.
- Webcast Conference Call: The companies will host a conference call at 9:00 a.m. Central Time on the same day, offering both live and on-demand webcasts to facilitate investor access to the latest information.
- Registration Recommendation: Investors are advised to register at least 15 minutes prior to the start of the presentation to ensure smooth downloading and installation of any necessary multimedia streaming software, enhancing the overall participation experience.
- Company Background: Founded in 1969, TDS focuses on providing broadband services and wireless infrastructure, with operations through TDS Telecom and Array Digital Infrastructure, demonstrating its solid position in the industry.
See More
Stonehill Capital Management Exits TDS Completely
- Holding Change: Stonehill Capital Management completely sold its 320,194 shares of Telephone and Data Systems (TDS) in Q4 2026, resulting in a $12.56 million drop in position value, indicating concerns about the company's future prospects.
- Financial Performance: Although TDS's quarterly revenue rose to approximately $330.7 million and net income surged from $72,000 to $636,000 year-over-year, Stonehill's exit suggests a lack of confidence in the company's transformation.
- Strategic Shift: TDS underwent restructuring in 2025, offloading its wireless business to focus on fiber and infrastructure, with a goal of reaching 2.1 million serviceable addresses, a strategy that may not yet be fully recognized by the market.
- Market Performance: As of Wednesday, TDS shares were priced at $41.99, up about 19% over the past year, in line with the S&P 500's gains, but Stonehill's complete exit reflects a cautious outlook on the stock's future performance.
See More
Stonehill Capital Fully Exits TDS Holdings
- Holding Change: Stonehill Capital sold its entire holding of 320,194 shares in TDS during Q4, resulting in a $12.56 million decrease in position value, indicating a waning confidence in the asset.
- Financial Performance: Despite TDS's quarterly revenue rising to approximately $330.7 million and net income jumping from $7.2 million to $63.6 million year-over-year, Stonehill's exit suggests a cautious outlook on future growth.
- Strategic Transformation: TDS is undergoing a strategic reshaping by offloading its wireless business and focusing on fiber and infrastructure, aiming to reach 2.1 million serviceable addresses, yet Stonehill appears to believe this transformation is not yet fully realized.
- Market Performance: While TDS has kept pace with the broader market, its transitional asset status within Stonehill's portfolio has become apparent, prompting the fund to shift its focus to other more attractive investment opportunities.
See More
Telephone and Data Systems Set to Release Q1 Earnings on May 8
- Earnings Announcement: Telephone and Data Systems (TDS) is set to announce its Q1 earnings on May 8 before market open, with a consensus EPS estimate of -$0.87, reflecting a staggering 866.7% year-over-year decline, indicating significant profitability challenges for the company.
- Revenue Decline: The expected revenue for Q1 is $313.28 million, down 72.8% year-over-year, highlighting the company's struggles with market competition and customer attrition, which could negatively impact investor confidence moving forward.
- Historical Performance Review: Over the past year, TDS has only beaten EPS estimates 25% of the time and revenue estimates 75% of the time, indicating considerable volatility in its profitability and revenue growth, which may affect its stock performance.
- Market Reaction Analysis: The upcoming earnings report could influence TDS's stock price, especially in light of strong performances from competitors like Verizon, prompting investors to closely monitor the company's financial health and future outlook.
See More
TDS and Array Digital Infrastructure to Host Q4 Earnings Call
- Earnings Call Announcement: Telephone and Data Systems (TDS) and Array Digital Infrastructure will host their fourth-quarter earnings call on May 8, 2026, at 9:00 a.m. Central Time, which will provide insights into their financial performance and future outlook.
- Webcast Details: The conference call will be available via webcast, allowing investors to access real-time information through the companies' investor pages, thereby enhancing transparency and investor confidence.
- Registration Recommendation: Investors are advised to register at least 15 minutes prior to the call to download and install necessary multimedia streaming software, ensuring a smooth experience and access to the latest updates.
- Company Background: Founded in 1969, TDS provides broadband services and wireless infrastructure through its subsidiaries, highlighting the company's long-standing presence and competitive position in the telecommunications industry.
See More
Telephone and Data Systems to Release Q4 Earnings
- Earnings Call Announcement: Telephone and Data Systems (TDS) and Array Digital Infrastructure will hold a conference call on May 8, 2026, at 9:00 a.m. Central Time to discuss their fourth-quarter operating results, which is expected to significantly impact investor sentiment.
- Webcast Details: The earnings call will be available via webcast on both companies' investor pages, and participants are encouraged to register at least 15 minutes in advance to ensure smooth access, reflecting the companies' commitment to transparency and investor communication.
- Company Background: Founded in 1969, Telephone and Data Systems provides broadband services and wireless infrastructure through its subsidiaries, TDS Telecom and Array Digital Infrastructure, highlighting its long-standing presence and market position in the telecommunications sector.
- Investor Relations Focus: By offering a webcast and earnings release, TDS and Array emphasize their focus on investor relations, aiming to enhance market confidence and improve company transparency, which could positively influence stock performance.
See More
TDS and Array to Release Q1 Results on May 8, 2026
- Earnings Release Schedule: TDS and Array Digital Infrastructure will release their fourth-quarter financial results on May 8, 2026, which is expected to impact investor confidence.
- Webcast Conference Call: The companies will host a conference call at 9:00 a.m. Central Time on the same day, offering both live and on-demand webcasts to facilitate investor access to the latest information.
- Registration Recommendation: Investors are advised to register at least 15 minutes prior to the start of the presentation to ensure smooth downloading and installation of any necessary multimedia streaming software, enhancing the overall participation experience.
- Company Background: Founded in 1969, TDS focuses on providing broadband services and wireless infrastructure, with operations through TDS Telecom and Array Digital Infrastructure, demonstrating its solid position in the industry.
See More
Stonehill Capital Management Exits TDS Completely
- Holding Change: Stonehill Capital Management completely sold its 320,194 shares of Telephone and Data Systems (TDS) in Q4 2026, resulting in a $12.56 million drop in position value, indicating concerns about the company's future prospects.
- Financial Performance: Although TDS's quarterly revenue rose to approximately $330.7 million and net income surged from $72,000 to $636,000 year-over-year, Stonehill's exit suggests a lack of confidence in the company's transformation.
- Strategic Shift: TDS underwent restructuring in 2025, offloading its wireless business to focus on fiber and infrastructure, with a goal of reaching 2.1 million serviceable addresses, a strategy that may not yet be fully recognized by the market.
- Market Performance: As of Wednesday, TDS shares were priced at $41.99, up about 19% over the past year, in line with the S&P 500's gains, but Stonehill's complete exit reflects a cautious outlook on the stock's future performance.
See More
Stonehill Capital Fully Exits TDS Holdings
- Holding Change: Stonehill Capital sold its entire holding of 320,194 shares in TDS during Q4, resulting in a $12.56 million decrease in position value, indicating a waning confidence in the asset.
- Financial Performance: Despite TDS's quarterly revenue rising to approximately $330.7 million and net income jumping from $7.2 million to $63.6 million year-over-year, Stonehill's exit suggests a cautious outlook on future growth.
- Strategic Transformation: TDS is undergoing a strategic reshaping by offloading its wireless business and focusing on fiber and infrastructure, aiming to reach 2.1 million serviceable addresses, yet Stonehill appears to believe this transformation is not yet fully realized.
- Market Performance: While TDS has kept pace with the broader market, its transitional asset status within Stonehill's portfolio has become apparent, prompting the fund to shift its focus to other more attractive investment opportunities.
See More
