Telephone and Data : First Quarter 2026 TDS Telecom Trending Schedule

TDS

Published on 05/08/2026 at 07:53 am EDT

‌1Q

2Q

3Q

4Q

FY

1Q

2Q

3Q

4Q

FY

1Q

Service Addresses (1)

Incumbent Fiber (2)

Expansion Fiber (3)

Cable Fiber (4) Total Fiber Incumbent Copper (2)

Cable Coax (4)

Total Service Addresses

354

389

83

356

411

86

360

434

92

364

469

95

364

469

95

367

480

96

369

502

97

377

530

102

384

574

104

384

574

104

393

603

106

1,102

399

393

1,894

827

459

418

854

455

417

886

459

414

928

469

396

928

469

396

942

466

397

968

451

397

1,009

444

393

1,062

408

392

1,062

408

392

1,704

1,725

1,759

1,793

1,793

1,805

1,815

1,847

1,862

1,862

New Fiber Addresses

28

27

32

42

129

14

27

42

58

140

40

Total Connection Data (5)

Consumer

Broadband

548

550

553

553

553

556

558

562

562

562

562

Video

129

125

122

121

121

119

116

114

111

111

107

Voice

279

276

271

262

262

257

249

242

229

229

217

Wireless

0

1

2

2

3

3

5

Total Consumer Connections

956

950

946

936

936

932

924

921

906

906

891

Commercial

Broadband

38

38

38

38

38

38

38

38

38

38

38

Video

14

13

12

11

11

11

10

10

9

9

9

Voice

154

150

147

141

141

138

136

132

127

127

120

Total Commercial Connections

206

202

197

191

191

188

184

180

174

174

167

Total Connections

1,162

1,152

1,143

1,126

1,126

1,120

1,109

1,101

1,079

1,079

1,058

Consumer Broadband Connections

Incumbent Fiber Connections

110

113

116

119

119

120

121

124

127

127

130

Incumbent Copper Connections

135

131

126

117

117

113

106

102

91

91

84

Total Incumbent Connections

245

244

242

235

235

232

228

226

219

219

214

Expansion Connections

100

108

115

126

126

133

142

151

161

161

168

Cable Connections

202

199

196

191

191

190

188

186

183

183

179

Total Consumer Broadband Connections

548

550

553

553

553

556

558

562

562

562

562

Incumbent Fiber Net Adds (6)

3

3

3

3

12

1

2

2

5

10

3

Incumbent Copper Net Adds (6)

(5)

(5)

(5)

(5)

(19)

(4)

(4)

(4)

(7)

(20)

(7)

Total Incumbent Net Adds (6)

(1)

(1)

(2)

(2)

(7)

(3)

(3)

(2)

(2)

(10)

(4)

Expansion Net Adds (6)

9

7

8

11

34

7

9

9

10

34

8

Cable Net Adds (6)

(1)

(4)

(3)

(1)

(8)

(1)

(2)

(2)

(3)

(9)

(4)

Total Consumer Broadband Net Adds (6)

6

2

3

8

19

3

4

5

5

16

0

Residential Broadband Churn (7)

Fiber Churn Copper Churn Cable Churn

Total Residential Broadband Churn

1.0 %

2.1 %

1.7 %

1.4 %

1.2 %

2.4 %

2.3 %

1.7 %

1.3 %

2.8 %

2.2 %

1.7 %

1.0 %

2.6 %

1.7 %

1.4 %

1.2 %

2.4 %

2.0 %

1.6 %

0.9 %

1.6 %

1.5 %

1.3 %

1.1 %

1.6 %

2.0 %

1.5 %

1.5 %

2.0 %

1.9 %

1.7 %

1.2 %

1.7 %

2.3 %

1.6 %

1.2 %

1.6 %

1.9 %

1.5 %

1.3 %

2.4 %

2.4 %

1.8 %

Residential Revenue per Connection (8)

Residential Revenue per Connection

$64.58

$65.26

$65.41

$64.72

$64.99

$65.67

$65.85

$65.66

$65.95

$65.77

$66.41

See footnotes on page 3

Numbers may not foot due to rounding.

‌In thousands; unaudited

1Q

2Q

3Q

4Q

FY

1Q

2Q

3Q

4Q

FY

Revenue

Residential

Wireline, Incumbent Wireline, Expansion Cable

Total residential Commercial

Wireline, Incumbent Wireline, Expansion Cable

Total commercial Wholesale

Total service revenues Equipment revenues

Total operating revenues

89,833

89,716

89,681

86,164

355,395

85,594

84,665

81,911

80,179

332,348

77,292

25,908

27,954

28,878

31,373

114,113

34,406

36,580

39,610

41,935

152,531

43,562

69,675

68,824

67,158

64,787

270,444

63,847

62,174

60,231

58,847

245,100

57,742

185,416

186,494

185,718

182,324

739,952

183,847

183,419

181,751

180,961

729,978

178,596

22,990

22,345

21,971

21,259

88,565

20,619

20,295

19,847

19,206

79,966

18,460

2,513

2,687

2,972

3,268

11,440

3,279

3,471

3,710

3,926

14,386

4,095

11,398

11,953

11,360

12,847

47,559

10,736

10,851

10,509

10,809

42,906

10,240

36,901

36,984

36,304

37,374

147,564

34,634

34,617

34,066

33,941

137,258

32,795

43,972

43,747

40,438

44,363

172,520

38,677

46,704

39,152

45,965

170,498

38,117

266,289

267,226

262,460

264,061

1,060,036

257,158

264,740

254,970

260,867

1,037,735

249,508

164

221

202

234

821

202

191

142

89

624

64

266,453

267,447

262,662

264,295

1,060,857

257,360

264,931

255,111

260,956

1,038,358

249,572

Operating Expenses

Cash expenses

Cost of services (excl. Depr., amort. and accr.)

97,786

97,874

101,107

103,047

399,815

100,964

97,049

102,253

99,351

399,616

97,182

Cost of equipment and products

179

124

211

208

723

263

116

182

193

754

111

Selling, general and administrative

75,336

79,984

80,813

83,845

319,979

83,148

82,556

79,202

80,397

325,302

81,061

Total cash expenses

173,302

177,982

182,132

187,101

720,517

184,375

179,720

181,637

179,941

725,673

178,353

Adjusted EBITDA (9)

Adjusted EBITDA

95,165

91,441

82,796

80,373

349,775

76,323

88,537

80,491

84,904

330,255

73,838

See footnotes on page 3

Numbers may not foot due to rounding.

‌Transaction

Date Closed

Purchase Price

Annual Revenues

Service Addresses

Broadband Subscribers

Virginia

11/1/2024

$31M

$10M

10K

4K

Texas

11/15/2024

$27M

$6M

17K

4K

Colorado

6/2/2025

$18M

$6M

14K

2K

Oklahoma

12/31/2025

$43M

$16M

30K

6K

‌Service addresses represent the number of single residence homes, multi-dwelling units, and business locations that are capable of being connected to the TDS network, based on best available information.These figures are based upon the information available at this time and may be updated for all periods presented when new information becomes available.

Incumbent markets are defined as markets where TDS is positioned as the traditional local telephone company.

Expansion markets are defined as markets utilizing fiber networks in areas where TDS does not serve as the cable or incumbent service provider.

Cable markets are defined as markets where TDS provides service as the cable provider using coaxial cable and fiber technologies.

Connections refers to individual customers provided internet, video, or voice service through various transmission methods.

Net adds represents the total number of new connections added during the period, net of connections that were terminated during that period.

Churn data represents the percentage of the connections that disconnect service each month. These rates represent the average monthly churn rate for each respective period.

Residential revenue per connection is calculated by dividing total residential revenue by the average number of residential connections and by the number of months in the period.

EBITDA refers to earnings before interest, taxes, depreciation, amortization and accretion and is used in the non-GAAP metric Adjusted EBITDA throughout this document. See Supplemental Information Relating to Non-GAAP Financial Measures within the MD&A for additional information.

Disclaimer

TDS - Telephone and Data Systems Inc. published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2026 at 11:52 UTC.