secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001051512-25-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000009/0001051512-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000009/tds-20250221.htm
  HTML page:      https://secwatch.observer/filing/0001051512-25-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer