StockData
TDSNYSETelephone Communications (No Radiotelephone)Fiscal year ends December 31Also trades as TDS.PU, TDS.PV

TELEPHONE & DATA SYSTEMS INC /DE/

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$33.26−0.64 (-1.89%)

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

NamePositionShares owned
Leroy T. Carlson JrVice Chair, Director2,949,144
Vicki L. VillacrezExecutive Vice President & CFO, Director72,425
Kenneth S. DixonPresident & CEO, subsidiary, Director3,164
Walter Cd CarlsonPresident and CEO, Director2,325,162
James W. ButmanPresident & CEO of subsidiary, Director291,098
Anthony J. CarlsonPresident of Array105,112
Anita J. KrollVP, Controller & CAO20,546
Joseph R. HanleySVP-Strategy & Corp Dev113,963
Douglas W. ChambersPresident of a Subsidiary30,377
Dirk S. WoessnerDirector15,244
Napoleon B. Rutledge JRDirector4,577
George W. OffDirector78,807
Christopher D. OLearyDirector48,088
Prudence E. CarlsonDirector1,943,503
Kimberly D. DixonDirector45,703
Wade OostermanDirector42,223
Letitia G. C. CarlsonDirector2,116,487

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer 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

DateEventDetails
Jun 1, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 13, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Aug 4, 2025Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 25, 2021DeregistrationTermination of SEC registration (Form 15)
Oct 14, 2021DelistingNotice of delisting from exchange (Form 25)
Sep 13, 2021DeregistrationTermination of SEC registration (Form 15)
Sep 1, 2021DelistingNotice of delisting from exchange (Form 25)
Aug 16, 2021ListingRegistration of securities on an exchange (Form 8-A)
May 24, 2021DeregistrationTermination of SEC registration (Form 15)
May 12, 2021DelistingNotice of delisting from exchange (Form 25)
Mar 2, 2021ListingRegistration of securities on an exchange (Form 8-A)
May 21, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Apr 9, 2013Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 27, 2012ListingRegistration of securities on an exchange (Form 8-A)
Feb 6, 2012DeregistrationTermination of SEC registration (Form 15)
Jan 26, 2012Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 26, 2012DelistingNotice of delisting from exchange (Form 25)
May 16, 2011DeregistrationTermination of SEC registration (Form 15)
May 4, 2011DelistingNotice of delisting from exchange (Form 25)
Mar 22, 2011ListingRegistration of securities on an exchange (Form 8-A)
Nov 18, 2010ListingRegistration of securities on an exchange (Form 8-A)
Sep 15, 2008DelistingNotice of delisting from exchange (Form 25)
Sep 15, 2008Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Sep 12, 2008ListingRegistration of securities on an exchange (Form 8-A)
Sep 3, 2008Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jun 19, 2007Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 18, 2007Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 10, 2007Late filingNotification of late filing
May 10, 2007Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 3, 2007Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)