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.