secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001051512-25-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TDS swings to Q3 profit; $500M buyback authorized; Array CEO named
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- Q3 2025 revenue $308.5M (-5.8% YoY); net income $40.2M vs loss $100.4M; diluted EPS $0.33 vs -$0.88.
- Repurchased 1.08M shares for $40.7M in Q3; new $500M buyback program additive to existing authorization.
- TDS Telecom added 42k fiber addresses and 11.2k residential fiber net adds; revenues down 3% on $6M divestitures.
- Array closed T-Mobile sale Aug 1; paid $23/shr special dividend; entered additional spectrum sales for $178M.
- Anthony Carlson appointed President/CEO of Array effective Nov 16, 2025, succeeding Doug Chambers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000070/0001051512-25-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000070/tds-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001051512-25-000070

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