secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001051512-25-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000061/0001051512-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000061/tds-20250811.htm
  HTML page:      https://secwatch.observer/filing/0001051512-25-000061

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