TDSPRU

Telephone and Data Systems, Inc. (NYSE:TDS) is a telecommunications company founded in 1968 and headquartered in Chicago, Illinois. The company has been publicly traded since 1981 and operates through two primary segments: UScellular (wireless services) and TDS Telecom (wireline and broadband services). TDS is currently undergoing a major strategic transformation, having announced the sale of its UScellular wireless operations to T-Mobile in a transaction expected to close in mid-2025. This divestiture will fundamentally reshape the company's business model, positioning it primarily as a fiber-focused telecommunications provider serving rural and smaller communities across the United States.