secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001051512-22-000062
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151222000062/0001051512-22-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151222000062/tds-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001051512-22-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer