TDS / U.S. Cellular's stock rockets 91% after company and parent says they're reviewing their strategic options

Telephone and Data Systems, Inc. (NYSE:TDS ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Colleen Thompson - VP, more_horizontal

Telephone and Data Systems may be planning to divest its stake in UScellular, causing TDS shares to soar by 93%. TDS has been experiencing declining f more_horizontal

Telephone and Data Systems, Inc. (NYSE:TDS ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Colleen Thompson - VP, C more_horizontal

The stock of U.S. Cellular Corp. USM, +90.67% rocketed 91% on Friday, after the boards of the company and its parent Telephone and Data Systems TDS, + more_horizontal

Telephone & Data Systems (TDS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares more_horizontal

CHICAGO , July 31, 2023 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be web more_horizontal

Telephone and Data Systems offers a potential 40% upside but faces headwinds in returning to profitability. TDS has a history of consistent revenue gr more_horizontal

The preferred stock of Telephone and Data Systems has plunged 54% over the last 12 months due to high interest rates and the company's high debt load. more_horizontal