---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-26-000043"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T19:38:46.155598+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TDS Q1 net income $129.3M ($1.11 EPS) vs loss year ago; proposes to buy remaining Array shares

## Summary
- Operating revenues from continuing ops $309.5M, up from $290.4M a year ago.
- Net income $129.3M vs loss of $23.2M; includes $150.9M gain on spectrum license sale.
- TDS Telecom added 40k marketable fiber addresses; plans to acquire Granite State Communications for ~11k fiber addresses.
- TDS proposes to acquire all outstanding Array common shares not already owned; special committee formed.
- Full-year 2026 guidance for TDS Telecom and Array reaffirmed; revenues $1.015-1.055B and $200-215M respectively.

## SEC filing metadata
- accession: 0001051512-26-000043
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000043/0001051512-26-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000043/tds-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-26-000043
- JSON: https://secwatch.observer/filing/0001051512-26-000043.json
- Plain text: https://secwatch.observer/filing/0001051512-26-000043.txt

## Key facts
- Earnings Releases
  TELEPHONE & DATA SYSTEMS INC /DE/ reported first quarter 2026 results: revenue $309.5 million, net income $129.3 million, EPS $1.11. Guidance reaffirmed.
  - Period: first quarter 2026
  - Revenue: $309.5 million
  - Net income: $129.3 million
  - EPS: $1.11
  - Guidance: reaffirmed
  - Result: reported results
  source text: TDS reported total operating revenues from continuing operations of $309.5 million for the first quarter of 2026, versus $290.4 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and diluted earnings (loss) per share from continuing operations were $129.3 million and $1.11, respectively, for the first quarter of 2026 compared to $(23.2) million and $(0.20), respectively, in the same period one year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000043/0001051512-26-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.