Telephone and Data Systems: Attractive Preferreds Despite Rate Uncertainty

Telephone and Data Systems preferred shares offer an attractive ~8.4-8.5% qualified yield and are rated a buy. TDS has materially improved its financial profile, deleveraging from ~$5B to ~$1.2B in total debt and now holding ~$2.2B in cash. Preferred shares benefit from low call risk, substantial common equity cushion, and high yield relative to credit exposure, favoring long-term holders.

Seeking Alpha • Oct 2, 2026

Telephone and Data Systems UU Preferred Shares: 8% Yield For Defensive Income

Telephone and Data Systems, Inc. preferred shares, TDS.PR.U, offer an attractive >8% yield and strong downside protection versus common stock. TDS's financial position is robust, with $2.2B in cash and $670M in debt post-asset sales, enabling aggressive fiber capex and resumed share buybacks. Raised 2026 capex guidance to $625–675M, more than double expected EBITDA, underscoring a strategic bet on fiber network expansion despite near-term free cash flow pressure.

Seeking Alpha • Sep 22, 2026

Implied Volatility Surging for Telephone and Data Systems Stock Options

Investors need to pay close attention to TDS stock based on the movements in the options market lately.

Zacks Investment Research • Sep 16, 2026

Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure

TDS Expects to Recommence Repurchase Program CHICAGO, Sept. 1, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) (the "Company" or "TDS") today announced that it is no longer pursuing the acquisition of the Common Shares of Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") that it does not already own and has withdrawn its previously announced proposal.

PRNewsWire • Sep 1, 2026

TDS announces third quarter 2026 dividends

CHICAGO, Aug. 19, 2026 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS) has declared third quarter 2026 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on September 30, 2026, to holders of record on September 15, 2026.

PRNewsWire • Aug 19, 2026

TDS Q2 Earnings Highlight Fiber Growth and Spectrum Monetization Gains

TDS earnings surge on spectrum gains as faster fiber deployment and stronger tower metrics reshape the company's growth outlook.

Zacks Investment Research • Aug 12, 2026

TDS Stock Buy, Hold or Wait as Fiber Growth Tests Execution Risks

TDS weighs accelerating fiber growth against negative free cash flow, higher capex and legacy declines as investors assess its next move.

Zacks Investment Research • Aug 12, 2026

TDS Stock Down 20.2% in 3 Months as Fiber Growth Meets Fresh Risks

TDS stock falls 20.2% in three months as faster fiber deployment clashes with legacy revenue declines, rising capex and execution risks.

Zacks Investment Research • Aug 12, 2026

TDS Q2 Earnings Beat Estimates on Spectrum Gains, Fiber Growth

TDS' Q2 earnings surged on spectrum sales, while fiber growth acceleratesd as itand liftsed its full-year address target to 250,000-300,000.

Zacks Investment Research • Aug 10, 2026

Telephone and Data Systems Q2 Earnings Call Highlights

Telephone and Data Systems NYSE: TDS reported second-quarter progress in its fiber expansion and tower operations, while lowering revenue expectations for its telecom business amid continued pressure from legacy copper and cable services. The company also said Array Digital Infrastructure completed major spectrum transactions during the quarter and raised several elements of its full-year outlook.

MarketBeat • Aug 9, 2026