Telephone and Data Systems, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 03, 2024 at 07:30 am EDT
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Telephone and Data Systems, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,262 million compared to USD 1,303 million a year ago. Revenue was USD 1,262 million compared to USD 1,303 million a year ago.
Net income was USD 29 million compared to USD 8 million a year ago.
Telephone and Data Systems, Inc. is a diversified telecommunications company. It provides wireless, cable and wireline broadband, video, and voice, and hosted and managed services through its businesses, UScellular, TDS Telecom and OneNeck IT Solutions. Its segments include UScellular and TDS Telecom. TDS segment provides wireless telecommunications services. UScellular segment offers a range of devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and Internet of things devices. UScellular also offers a range of accessories, including wireless essentials such as cases, screen protectors, chargers, memory cards and consumer electronics such as audio, home automation and networking products. TDS Telecom owns, operates and invests in quality networks, services and products in a mix of small to mid-sized urban, suburban and rural communities throughout the United States. TDS Telecom provides a range of broadband, video, and voice communications.
TELEPHONE AND DATA SYSTEMS, INC. 