---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-23-000065"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T21:53:15.119297+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TDS Q3 revenues down 8% to $1,278M; net loss narrows to $17M; raises fiber address goal

## Summary
- Total operating revenues $1,278M in Q3 2023, down from $1,392M in Q3 2022.
- Net loss attributable to TDS common shareholders narrowed to $17M ($0.16 diluted loss) vs $25M loss a year ago.
- UScellular: Fixed Wireless customers up 57% to 106K; tower rental revenues up 8%; profitability improved with positive free cash flow.
- TDS Telecom raises 2023 fiber address goal to 200K; delivered 127K fiber services addresses YTD.
- Updated guidance: UScellular Adj. EBITDA narrowed to $945-$1,005M; TDS Telecom capex raised to ~$550M.

## SEC filing metadata
- accession: 0001051512-23-000065
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000065/0001051512-23-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000065/tds-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-23-000065
- JSON: https://secwatch.observer/filing/0001051512-23-000065.json
- Plain text: https://secwatch.observer/filing/0001051512-23-000065.txt

## Key facts
- Earnings Releases
  TELEPHONE & DATA SYSTEMS INC /DE/ updated its full-year 2023 guidance (raised).
  - Period: full-year 2023
  - Guidance: raised
  - Result: guidance update
  source text: Due to better-than-expected fiber service address delivery results, TDS Telecom is raising its 2023 fiber service address delivery goal to 200,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000065/0001051512-23-000065-index.htm
- Earnings Releases
  TELEPHONE & DATA SYSTEMS INC /DE/ reported third quarter 2023 results: revenue $1,278 million, net income $(17) million, EPS $(0.16).
  - Period: third quarter 2023
  - Revenue: $1,278 million
  - Net income: $(17) million
  - EPS: $(0.16)
  - Result: reported results
  source text: Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,278 million for the third quarter of 2023, versus $1,392 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(17) million and $(0.16), respectively, for the third quarter of 2023 compared to $(25) million and $(0.22), respectively, in the same period one year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000065/0001051512-23-000065-index.htm

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