TELEPHONE & DATA SYSTEMS INC /DE/
Close on Oct 19, 2026
- Market cap
- $3.87B
- P/E (TTM)
- 11.1
- Dividend yield
- 0.48%
About Telephone & Data Systems
Telephone Communications (No Radiotelephone), SIC 4813
Telephone and Data Systems, Inc. (TDS) provides telecommunications services and digital infrastructure solutions through two primary reportable segments: TDS Telecom and Array Digital Infrastructure, Inc. (Array). The TDS Telecom unit offers broadband internet, video, telephone, and wireless connectivity to residential, commercial, and wholesale clients, with commercial operations tailored to small and medium-sized businesses. Array operates as a shared wireless infrastructure provider that leases tower space to mobile network carriers, including T-Mobile, AT&T, and Verizon, while also holding wireless spectrum licenses and noncontrolling interests in wireless operating companies.
All of TDS' segments conduct business exclusively in the United States. TDS Telecom provides service to 1.1 million connections across 30 states, focusing its operations within small to mid-sized urban, suburban, and rural communities. Array owns 4,450 communications towers located across 19 states. The provided report details the company's nationwide operations but does not specify a corporate headquarters location.
Summary of the business section of Telephone & Data Systems's latest annual report, written by StockData.
Company profile
Company
- Legal name
- TELEPHONE & DATA SYSTEMS INC /DE/
- Headquarters
- Chicago, IL
- Address
- 30 North Lasalle Street, Ste 4000 60602
- Phone
- (312) 630-1900
- Website
- tdsinc.com
- Employees
- 3,500, Dec 31, 2025
- Industry
- Telephone Communications (No Radiotelephone)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- TDS
- Other tickers
- TDS.PU, TDS.PV
- Exchange
- NYSE
- IPO date
- Dec 15, 1981
- Shares outstanding
- 115M, Jun 30, 2026
- Public float
- $4.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Dec 19, 1988; 3-for-2, Mar 18, 1988
- SEC CIK
- 1051512
- CUSIP
- 879433829
- ISIN
- US8794338298
- LEI
- 5299003YZW5BE2NNLO37
- EIN
- 36-2669023
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Leroy T. Carlson Jr | Vice Chair, Director | 2,949,144 |
| Vicki L. Villacrez | Executive Vice President & CFO, Director | 72,425 |
| Kenneth S. Dixon | President & CEO, subsidiary, Director | 3,164 |
| Walter Cd Carlson | President and CEO, Director | 2,325,162 |
| James W. Butman | President & CEO of subsidiary, Director | 291,098 |
| Anthony J. Carlson | President of Array | 105,112 |
| Anita J. Kroll | VP, Controller & CAO | 20,546 |
| Joseph R. Hanley | SVP-Strategy & Corp Dev | 113,963 |
| Douglas W. Chambers | President of a Subsidiary | 30,377 |
| Dirk S. Woessner | Director | 15,244 |
| Napoleon B. Rutledge JR | Director | 4,577 |
| George W. Off | Director | 78,807 |
| Christopher D. OLeary | Director | 48,088 |
| Prudence E. Carlson | Director | 1,943,503 |
| Kimberly D. Dixon | Director | 45,703 |
| Wade Oosterman | Director | 42,223 |
| Letitia G. C. Carlson | Director | 2,116,487 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Le Roy T.Carlson Jr. | $6.97M | $15.10M | $4.18M | $261 | $124 |
| FY2025 Walter C.D.Carlson | $4.77M | $5.23M | $4.18M | $261 | $124 |
| FY2024 Le Roy T.Carlson Jr. | $9.61M | $38.90M | $3.90M | $216 | $116 |
| FY2024 LeRoy T. Carlson, Jr. | $9.61M | $38.90M | $3.90M | $216 | $116 |
| FY2023 Le Roy T.Carlson Jr. | $9.68M | $24.43M | $4.43M | $114 | $89 |
| FY2023 LeRoy T. Carlson, Jr. | $9.68M | $24.43M | $4.43M | $114 | $89 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“▪ Employs approximately 3,500 associates.”
Corporate history
Events identified from SEC filings