---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-26-000062"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2026-08-07T11:35:16+00:00"
generated_at: "2026-08-07T11:40:40.238778+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# TDS Q2 EPS $2.24 on spectrum gains; raises Array guidance, proposes Array buyout

## Summary
- Q2 net income $260.6M ($2.24 diluted EPS) vs $(6.0)M loss a year ago; revenue $309.3M vs $298.5M.
- Array closed spectrum sales totaling ~$1.16B (May-June) and issued $11/share special dividend on June 25.
- TDS Telecom added ~66k fiber addresses; raised 2026 fiber address guidance to 250k-300k, capex to $625-675M.
- TDS Telecom lowered 2026 revenue guidance to $1,000-1,025M and Adjusted EBITDA to $310-330M.
- TDS made non-binding proposal to acquire all Array common shares not owned by TDS; special committee evaluating.

## SEC filing metadata
- accession: 0001051512-26-000062
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2026-08-07T11:35:16+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/1051512/000105151226000062/0001051512-26-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151226000062/tds-20260807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-26-000062
- JSON: https://secwatch.observer/filing/0001051512-26-000062.json
- Plain text: https://secwatch.observer/filing/0001051512-26-000062.txt

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