Companies /Communication Services

Telephone And Data Systems Inc

NYSE: TDS Telecom Services
$33.86
▲ $0.99 (+3.01%) today
Markets closed · 11:08pm ET

TDS at a Glance

Valuation
Market cap
$3.6B
P/E ratio
8.3
Dividend yield
0.49%
Profitability
Revenue (TTM)
$1.3B
Profit margin
43.4%
EPS (TTM)
$3.94
Price
52-week range
$31 – $49
Street target
$47.50

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

TDS Coverage

2:01pm ET
Special Report

Phone Service Providers You Should Avoid

It may seem to some that wireless has been around forever – and perhaps it has. Wireless was first used in 1849 when the transmission of electromagnetic waves through space was demonstrated…

Melissa Bauernfeind
9:50am ET
Special Report

11 Phone Service Providers to Avoid

For better or worse, wireless service isn’t perfect, meaning you need to find the least bad phone service provider. While price is something to consider, so are things like coverage, perks, phone…

David Beren

Frequently Asked Questions

What does Telephone and Data Systems do?

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.