{"schema_version":"secwatch.filing_event.v1","accession":"0001051512-23-000049","form_type":"8-K","ticker":"TDS","cik":"0001051512","company_name":"TELEPHONE & DATA SYSTEMS INC /DE/","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.024876+00:00","generated_at":"2026-06-12T05:33:17.979887+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TDS explores strategic alternatives for UScellular; Q2 net loss $19M","bullets":["Boards of TDS and UScellular initiate process to explore strategic alternatives for UScellular; no definitive timeline or outcome assured.","Q2 total operating revenues $1,267M (down 6% YoY); net loss to common $19M vs income $18M last year.","UScellular reduced debt $150M in Q2; fixed wireless customers grew 66% to 96,000; tower revenues up 10%.","TDS Telecom added 66K fiber service addresses through June; raised full-year Adjusted EBITDA guidance to $270-300M.","UScellular service revenue guidance narrowed to $3,025-3,075M; TDS Telecom capex guidance reduced to $475-525M."],"urls":{"canonical":"https://secwatch.observer/filing/0001051512-23-000049","json":"https://secwatch.observer/filing/0001051512-23-000049.json","markdown":"https://secwatch.observer/filing/0001051512-23-000049.md","text":"https://secwatch.observer/filing/0001051512-23-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051512/000105151223000049/0001051512-23-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051512/000105151223000049/tds-20230804.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:33:17.979887+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0574c2885f741cd2b24ac407d53fbb466dd4a5c3","claim":"TELEPHONE & DATA SYSTEMS INC /DE/ reported second quarter of 2023 results: revenue $1,267 million, net income $(19) million, EPS $(0.17).","evidence_excerpt":"TDS reports second quarter 2023 results CHICAGO (August 4, 2023) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,267 million for the second quarter of 2023, versus $1,349 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(19) million and $(0.17), respectively, for the second quarter of 2023 compared to $18 million and $0.15, respectively, in the same period one year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051512/000105151223000049/0001051512-23-000049-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$1,267 million"},{"label":"Net income","value":"$(19) million"},{"label":"EPS","value":"$(0.17)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"713b0128668d7ea6968021b15c13d7f183923409","claim":"TELEPHONE & DATA SYSTEMS INC /DE/ updated its full-year 2023 guidance (raised).","evidence_excerpt":"2023 Estimated Results UScellular Previous Current (Dollars in millions) Service revenues $3,050-$3,150 $3,025-$3,075 Adjusted OIBDA 1 $725-$875 $750-$850 Adjusted EBITDA 1 $875-$1,025 $925-$1,025 Capital expenditures $600-$700 Unchanged TDS Telecom Previous Current (Dollars in millions) Total operating revenues $1,030-$1,060 Unchanged Adjusted OIBDA 1 $260-$290 $270-$300 Adjusted EBITDA 1 $260-$290 $270-$300 Capital expenditures $500-$550 $475-$525","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1051512/000105151223000049/0001051512-23-000049-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full-year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}