Earnings ·
Telephone and Data Systems reported second quarter 2026 results with total operating revenues of $309.3 million and…
TDS-PUTelephone & Data Systems Inc
Telephone and Data Systems reported second quarter 2026 results with total operating revenues of $309.3 million and diluted earnings per share of $2.24 from continuing operations. TDS Telecom updated its full-year guidance, increasing capital expenditure estimates to $625-$675 million while lowering revenue expectations to $1.00-$1.025 billion. Array reported a 95% year-over-year increase in site rental revenues and completed spectrum sales totaling approximately $1.086 billion, including a $1 billion transaction on June 1. The company also issued a special cash dividend of $11 per common share on June 25, 2026. TDS operates in the telecommunications industry, providing broadband, video, voice, and wireless services through its TDS Telecom segment and leasing tower space via Array.