Headquartered in Chicago, IL·Fiscal year ends December·NYSE: TDS·tdsinc.com
About Telephone and Data Systems
Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications holding company with two main businesses: TDS Telecom and Array.
**TDS Telecom** provides broadband, video, voice and wireless services to residential, commercial and wholesale customers. Its residential business has three parts:
- Incumbent markets, served by both fiber and legacy copper.
- Fiber expansion markets.
- Cable markets.
The company is shifting toward fiber broadband, adding tens of thousands of marketable fiber addresses each quarter. It is also divesting non-core properties and making small acquisitions. At quarter-end it served about 1.06 million total connections.
**Array** (Array Digital Infrastructure, Inc.) is majority-owned by TDS. Since selling its wireless operations to T-Mobile in August 2025, it has operated as a standalone tower company. It owns about 4,455 towers and leases space to tenants, anchored by a T-Mobile master lease agreement. Array also:
- Provides ancillary services.
- Holds noncontrolling interests in wireless operating companies.
- Is monetizing its remaining wireless spectrum licenses through sales, including to T-Mobile.
TDS is controlled by the TDS Voting Trust and was founded in 1969. Updated
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Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications holding company with two main businesses: TDS Telecom and Array. **TDS Telecom** provides broadband, video, voice and wireless services to residential, commercial and wholesale customers.
What is the TDS stock price target?
The Wall Street consensus 12-month price target for TDS is $47.50.