secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001051512-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TDS reports Q4 net loss of $43M (-$0.38 EPS); revenues $1,357M; provides 2023 guidance
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- Q4 2022 total operating revenues $1,357M vs $1,372M YoY; net loss $43M vs prior year income $14M.
- Full year 2022 revenues $5,413M; net loss $7M (-$0.07 EPS) vs $117M income ($1.00 EPS) in 2021.
- TDS Telecom added 133,000 fiber service addresses in 2022, total 582,000; targeting 1.2 million by 2026.
- 2023 guidance: UScellular service rev $3,050-3,150M, adj OIBDA $725-875M; TDS Telecom rev $1,030-1,060M, adj OIBDA $260-290M.
- UScellular 2023 capex guidance $600-700M; TDS Telecom capex guidance $500-550M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000004/0001051512-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000004/tds-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001051512-23-000004

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