$TDS

TELEPHONE & DATA SYSTEMS INC /DE/

AlphAI earnings readsecond quarter 2026 · AUG 7TDS reports second quarter 2026 results; TDS Telecom and Array both update guidance for 2026Verdict: mixed

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Can Telephone and Data Systems (TDS) Deliver Value Without Array?

Telephone and Data Systems Inc. (TDS) reported steady financials, including $5.08B TTM revenue and $1.12B annual operating cash flow. It withdrew an acquisition offer for Array Digital Infrastructure, opting for share buybacks and spectrum asset sales. TDS has $523.9M authorized for buybacks and plans to monetize Array's spectrum to fund fiber expansion. Institutional interest grew, with low short interest. Investors will watch execution of buybacks and asset sales.

Leroy T. Carlson Jr., vice chair at TDS, sells $2.96m in shares

Leroy T. Carlson Jr., Vice Chair of TDS, sold 77,100 shares for $2.96m after exercising options. TDS reported Q2 earnings beat but missed revenue estimates, adjusting full-year guidance down. The company holds 82% of Array Digital Infrastructure, focusing on fiber and digital growth. InvestingPro notes TDS is overvalued with a P/E of 9.7 and strong financial health.

CARLSON LEROY T JR sold $3.0M of TDS

CARLSON LEROY T JR (Vice Chair) sold 77,100 shares of TELEPHONE & DATA SYSTEMS INC /DE/ (TDS) at $38.45 ($2.96M total) on 2026-09-11.

TDS sentiment & insider activity

Over the past 7 days, AlphAI's AI scored 1 news story mentioning TDS (TELEPHONE & DATA SYSTEMS INC /DE/). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.

Recent TDS coverage spans financial news, market movers and earnings.

In the last 30 days, TDS insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($3.0M). The most active reporter was CARLSON LEROY T JR, Vice Chair, with 1 filing.

What's driving TDS

AlphAI scores every news story that mentions TDS with an AI model for sentiment and relevance, and aggregates insider trades from TELEPHONE & DATA SYSTEMS INC /DE/'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $TDS

Score

Can Telephone and Data Systems (TDS) Deliver Value Without Array?

Telephone and Data Systems Inc. (TDS) reported steady financials, including $5.08B TTM revenue and $1.12B annual operating cash flow. It withdrew an acquisition offer for Array Digital Infrastructure, opting for share buybacks and spectrum asset sales. TDS has $523.9M authorized for buybacks and plans to monetize Array's spectrum to fund fiber expansion. Institutional interest grew, with low short interest. Investors will watch execution of buybacks and asset sales.

$TDSLow

Leroy T. Carlson Jr., vice chair at TDS, sells $2.96m in shares

Leroy T. Carlson Jr., Vice Chair of TDS, sold 77,100 shares for $2.96m after exercising options. TDS reported Q2 earnings beat but missed revenue estimates, adjusting full-year guidance down. The company holds 82% of Array Digital Infrastructure, focusing on fiber and digital growth. InvestingPro notes TDS is overvalued with a P/E of 9.7 and strong financial health.

Family gifts boost Telephone & Data Systems (NYSE: TDS) officer's stake

Telephone & Data Systems (TDS) officer Anthony J. Carlson received 1,022 common shares as gifts on September 3, 2026, adding to his direct and indirect holdings. Post-transaction, he holds 33,125 shares directly, 511 shares indirectly through his wife, 71,476 shares via a voting trust, and 33,769 shares in a dividend reinvestment plan. No Rule 10b5-1 trading plan was reported.

$TDSHighAI 8/10

Why is Telephone and Data Systems stock surging today?

Telephone and Data Systems (TDS) stock rose 7.8% after withdrawing its bid to acquire the remaining 18% of Array Digital Infrastructure. The company will instead focus on share buybacks, with $523.9 million available under existing programs. CEO Walter Carlson cited disagreements over deal terms. The broader market also gained, with the S&P 500 up 0.6% and the Dow Jones up 0.8%.

$TDSMedAI 8/10

Fiber Growth Collides With Legacy Revenue Pressure At Telephone & Data Systems (TDS)

Telephone and Data Systems (TDS) reported Q2 results with its tower unit Array Digital Infrastructure. TDS said fiber added about 66,000 marketable addresses in the quarter and raised full-year fiber guidance to 250,000 to 300,000. Legacy telecom revenue fell, and TDS trimmed telecom revenue guidance to $1.0B to $1.025B. TDS also has a pending offer to buy Array minority shares.

$TDSMedAI 8/10

TDS (TDS) Q2 2026 Earnings Call Transcript

Telephone and Data Systems (TDS) reported Q2 2026 consolidated operating revenue of $309.3 million, up from $298.5 million, and net income attributable to TDS common shareholders of $260.6 million versus a $6.0 million loss a year earlier, driven by spectrum license gains. TDS Telecom revised full-year revenue guidance to $1.0B-$1.025B and raised fiber address and capex targets; Array reported higher site rental revenue and guidance after Verizon and T-Mobile spectrum transactions.

$TDSLow

The Bull Case For Telephone and Data Systems (TDS) Could Change Following Q2 Earnings Surge And Higher Fiber Targets - Learn Why

Simply Wall St says Telephone and Data Systems (TDS) reported Q2 2026 revenue of $309.28M and net income of $298.37M, swinging from a per-share loss to diluted earnings of over $2.40. Management cited progress in fiber build-out and raised 2026 fiber address delivery guidance, while legacy copper and cable services continue to weigh on telecom revenue expectations.

$TDSMedAI 8/10

Telephone and Data Systems, Inc. Q2 2026 Earnings Call Summary

Telephone and Data Systems (TDS) reported Q2 2026 results and discussed a fiber build driven by record fiber address delivery. Management raised 2026 fiber service address guidance to 250,000-300,000, lowered revenue guidance to $1.00-$1.025B, and raised CapEx to $625M-$675M. It expects to close Granite State Communications in Q3 2026 and noted TDS share repurchases are restricted.

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