---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-24-000063"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:47:52.313653+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TDS Q3 net loss widens to $83M; UScellular announces $1B spectrum sale to Verizon

## Summary
- Total operating revenues $1,224M, down 4% YoY; diluted EPS loss $(0.73) vs $(0.16).
- Excluding $136M spectrum impairment, adjusted net income $2M ($0.01 EPS).
- UScellular agreed to sell select spectrum to Verizon for $1B, contingent on T-Mobile deal.
- TDS Telecom fiber expansion reached 50% of addresses; residential broadband connections up 4%.
- FY2024 UScellular service revenue guidance narrowed to $2.95-3.0B; TDS Telecom guidance unchanged.

## SEC filing metadata
- accession: 0001051512-24-000063
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2024-11-01T23:59:59+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/1051512/000105151224000063/0001051512-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000063/tds-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-24-000063
- JSON: https://secwatch.observer/filing/0001051512-24-000063.json
- Plain text: https://secwatch.observer/filing/0001051512-24-000063.txt

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