Telephone and Data Systems, Inc. logo TDS - Telephone and Data Systems, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
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0
BUY 5
HOLD 2
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| PRICE TARGET: $27.67 DETAILS
HIGH: $51.00
LOW: $16.00
MEDIAN: $16.00
CONSENSUS: $27.67
DOWNSIDE: 29.59%

Stock News

Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

CHICAGO, May 8, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc. (NYSE: AD) ("Array" or the "Company") confirmed today that its board of directors (the "Board") has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems, Inc. (NYSE: TDS) ("TDS") to acquire all of the outstanding common shares of the Company not currently owned by TDS (the "Proposal"). A copy of the proposal letter from TDS is available as an exhibit to the Current Report on Form 8-K as publicly filed by TDS today with the Securities and Exchange Commission.

May 08, 2026 03:15 AM prnewswire.com
Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure

Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure

Proposed transaction aims to streamline corporate structure and enhance capital flexibility to support TDS' long-term growth CHICAGO, May 8, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) (the "Company" or "TDS") today announced that it has submitted a proposal to the Board of Directors of Array Digital Infrastructure, Inc. (NYSE: AD) ("Array") to acquire, by way of a merger, all of the outstanding common shares of Array that are not currently owned by TDS in an all-stock transaction. Under the terms of the proposal, each Array Common Share not owned by TDS would be exchanged for 0.86 of a TDS Common Share (the "Exchange Ratio").

May 08, 2026 03:00 AM prnewswire.com
Telephone And Data Systems: Preferreds Remain The Best Income Play Post Deleveraging

Telephone And Data Systems: Preferreds Remain The Best Income Play Post Deleveraging

Telephone and Data Systems, Inc. has significantly deleveraged by monetizing mobile assets, notably through US Cellular and spectrum sales. TDS.PR.U Preferred shares, yielding close to 8%, remain the most attractive income play versus the common stock's 0.35% yield. With net debt projected below $600 million by Q1 2026 and stable wireline/tower operations, TDS boasts a strong balance sheet and financial flexibility.

Apr 14, 2026 01:19 PM seekingalpha.com
Telephone And Data Systems: The Next Act

Telephone And Data Systems: The Next Act

Recent earnings and 2026 outlook reinforce thesis of improving fiber execution and tower stability. TDS's next value catalysts include C-Band spectrum monetization, consolidation of Array Digital, and potential REIT formations, adding ~$23/share upside to $68 base case. Monetization of Array's C-Band spectrum, likely between late 2026 and early 2027, is a pivotal step enabling further structural simplification and value unlock.

Mar 19, 2026 05:19 AM seekingalpha.com

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