TDS Q4 2024 revenue down 5.6% YoY; net loss narrows to $11M vs $523M year ago

TELEPHONE & DATA SYSTEMS INC /DE/

2024-FY EPS reported -$0.85 revenue$4,964,000,000

Q4 total operating revenue $1.24B, down from $1.31B; full year revenue $4.96B vs $5.16B.
Net loss attributable to TDS common shareholders Q4: $11M ($0.10 diluted EPS) vs $523M ($4.64) in Q4 2023.
Full year 2024 adjusted net loss (excl. $103M impairment) $12M, $0.11 per share.
TDS Telecom 2025 guidance: revenue $1.03-$1.07B, Adj. EBITDA $320-$360M, capex $375-$425M.
UScellular sale of wireless ops to T-Mobile expected mid-2025, pending regulatory approval.

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