NYSE · Telecommunications

TELEPHONE AND DATA SYSTEMS INC TDS

Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States. It operates through two segments: TDS Telecom and Array.

Telecommunications Equipment

Company profile

Business mix

  • It operates through two segments: TDS Telecom and Array.
  • The company is also leases tower spaces to tenants; provides ancillary services. The company sells and distributes its products through third-party direct sales, retail stores, sales agents, and an online platform to sell services and products.
  • Telephone and Data Systems, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Current key questions

  • Can demand and competitive position in telecom services support revenue growth and margins?
  • Which input costs, regulation, customer concentration, or execution risks matter most for earnings quality?
  • Does capital allocation improve long-term free cash flow and per-share value?
Holders 2 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 23.49 FCF -0.08% Buyback -4.36%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Third Point Dan Loeb 13.3% $277.9M 2026-03-31
Oaktree Capital Management Howard Marks 2.9% $180.7M 2026-03-31

Recent trading changes over the last 3 quarters

Net buyers 1 Last 3 13F filing periods
Net reducers 1 Last 3 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $180.7M Estimated from net added shares
Reduction amount $5.3M Estimated from net reduced shares
Net share change / base shares +62.0% +4,167,243 / 6,725,000
Third Point Dan Loeb 3 filing periods
13F 2025-09-30 Filed 2025-11-14
Minor reduction Shares -0.3% 13F value change +$23.9M
13F 2025-12-31 Filed 2026-02-17
Minor reduction Shares -0.5% 13F value change +$10.5M
13F 2026-03-31 Filed 2026-05-15
Minor reduction Shares -1.1% 13F value change +$4.2M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 6,725,000 Last 3 periods -125,000 (-1.9%) Total shares 6,600,000 Value $277.9M
Oaktree Capital Management Howard Marks 3 filing periods
13F 2025-09-30 Filed 2025-11-13
New Shares - 13F value change +$144.7M
13F 2025-12-31 Filed 2026-02-17
Unchanged Shares 0.0% 13F value change $0
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 16.4% 13F value change +$29.5M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 3 periods +4,292,243 (New) Total shares 4,292,243 Value $180.7M

Recent mentions

No public mentions.