TDS Q2 revenue down 4% to $1.19B; net loss narrows to $5M; closes T-Mobile sale

TELEPHONE & DATA SYSTEMS INC /DE/

2025-Q2 EPS reported -$0.15 revenue$2,341,000,000

Total operating revenues $1,186M vs $1,238M YoY; net loss attributable to common $(5)M ($(0.05)/share) vs $(14)M.
On Aug 1, 2025, Array (formerly US Cellular) completed sale of wireless operations to T-Mobile for $4.3B cash/debt.
Array declared $23.00 per share special dividend payable Aug 19, 2025.
TDS Telecom fiber: added 27,000 marketable addresses in Q2; 3,900 residential broadband net adds.
Guidance: TDS Telecom 2025 revenue narrowed to $1.03-$1.05B, adjusted EBITDA $320-$350M.

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