The Madison, Wisconsin-based company surpasses 100,000 residential broadband connections in its expansion marketsMadison, Wisconsin, May 03, 2024 (GLOBE NEWSWIRE) -- TDS Telecommunications LLC (TDS®) shared several positive developments in its first quarter earnings report. The Madison, Wisconsin-based telecommunications company delivered its strongest quarter of revenues since commencing its fiber expansion program with a 5% increase in total operating revenues, along with an increase in profit
Insight into TDS's Financial Performance and Strategic Directions Amid Market Challenges
Telephone and Data Systems, Inc. (NYSE: "TDS") announced today the closing of a $375 million unsecured debt financing with funds managed by Oaktree Capital Management, L.P. ("Oaktree"). The proceeds will be used for general corporate purposes, including the advancement of TDS Telecom's fiber build program.