---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-22-000062"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T07:46:36.712497+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TDS reports Q3 net loss $25M vs profit $28M YoY; lowers UScellular guidance

## Summary
- Total operating revenues $1,392M, up from $1,328M YoY; net loss $(25)M, diluted EPS $(0.22) vs income $28M ($0.24) YoY.
- UScellular 2022 guidance lowered: service revenues $3,100-$3,150, Adjusted OIBDA $750-$825, Adjusted EBITDA $925-$1,000.
- TDS Telecom guidance improved: Adjusted OIBDA/EBITDA $270-$290 vs prior $260-$290.
- Fiber expansion target 1.2M addresses by 2026; launched Billings, MT and Green Bay, WI.
- UScellular postpaid ARPU growth; fixed wireless and tower portfolio positive.

## SEC filing metadata
- accession: 0001051512-22-000062
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151222000062/0001051512-22-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151222000062/tds-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-22-000062
- JSON: https://secwatch.observer/filing/0001051512-22-000062.json
- Plain text: https://secwatch.observer/filing/0001051512-22-000062.txt

## Key facts
- Earnings Releases
  TELEPHONE & DATA SYSTEMS INC /DE/ updated its full-year 2022 guidance (lowered).
  - Period: full-year 2022
  - Guidance: lowered
  - Result: guidance update
  source text: TDS’ current estimates of full-year 2022 results for UScellular and TDS Telecom are shown below. Such estimates represent management’s view as of November 3, 2022 and should not be assumed to be current as of any future date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151222000062/0001051512-22-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.