Key Developments: Telephone and Data Systems Inc (TDS.N)
26.79USD
1 Aug 2013
$0.28 (+1.06%)
$26.51
$26.74
$27.39
$26.74
354,007
205,177
$27.72
$20.57
Latest Key Developments (Source: Significant Developments)
Telephone and Data Systems Inc Announces Chief Financial Officer Change-Form 8-K
Telephone and Data Systems Inc(TDS) reported in its Form 8-K that effective July 19, 2013, the Board of Directors of TDS adopted certain amendments to the TDS Bylaws. The amendments are related to the fact that, as previously disclosed, Kenneth R. Meyers, who has been TDS’ Executive Vice President and Chief Financial Officer(CFO), was appointed as President and Chief Executive Officer of TDS’ subsidiary, United States Cellular Corporation (U.S. Cellular), effective June 22, 2013. The amendments to the TDS Bylaws remove the office of Executive Vice President and CFO and, accordingly, Mr. Meyers ceased to hold such office on July 19, 2013. The amendments also specify that the Controller is the CFO of TDS, in addition to being the Chief Accounting Officer of TDS. Accordingly, effective July 19, 2013, Douglas D. Shuma, Senior Vice President and Controller of the Company, is the CFO as well as the Chief Accounting Officer of TDS. Full Article
Telephone and Data Systems Inc Announces Management Change-Form 8-K
Telephone and Data Systems Inc reported in its Form 8-K that on June 24, 2013, Telephone and Data Systems, Inc. (TDS) announcing that Mary N. Dillon has resigned as President and Chief Executive Officer (CEO) of its subsidiary, United States Cellular Corporation (U.S. Cellular), effective at the end of the day on June 21, 2013, and that Kenneth R. Meyers had been appointed as President and Chief Executive Officer (CEO) of U.S. Cellular effective at the beginning of the day on June 22, 2013. At that time, Mr. Meyers will cease to hold the office of Executive Vice President and Chief Financial Officer (CFO) of Telephone and Data Systems Inc. Full Article
Telephone and Data Systems Inc Announces Second Quarter 2013 Dividend
Telephone and Data Systems Inc announced that the Board Of Directors has declared a second quarter 2013 dividend of $.1275 per Common Share and Series A Common Share. Payment will be made on June 28, 2013 to shareholders of record as of June 14, 2013. Full Article
M/C Partners and Columbia Capital to Sell Assets of Baja Broadband, LLC to Telephone and Data Systems Inc
M/C Partners and Columbia Capital announced that they have agreed to sell the assets of Baja Broadband, LLC (Baja) to Telephone and Data Systems Inc, parent company to TDS Telecommunications Corp. Baja Broadband, which is owned and controlled by M/C Partners and Columbia, is a full-service communications company providing video, high-speed broadband and voice services to residential and commercial customers in Colorado, New Mexico, Texas and Utah. Full Article
Telephone and Data Systems Inc Announces First Quarter 2013 Dividend
Telephone and Data Systems Inc announced that it has declared a first quarter 2013 dividend of $0.1275 per Common Share and Series A Common Share. Payment will be made on March 29, 2013 to shareholders of record as of March 15, 2013. Full Article
Telephone and Data Systems Inc Announces Sale of $175 Million Of 5.875 % Notes
Telephone and Data Systems Inc announced that on November 26, 2012, it sold $175 million of 5.875 % Senior Notes due 2061 and has granted the underwriters an option to purchase up to $25 million of additional notes. The notes are callable at par on and after Dec. 1, 2017. Closing is expected to occur on Dec. 3, 2012. Following completion of the offering, TDS expects to use the net proceeds of approximately $168.9 million (or $193.1 million if the underwriters exercise their over-allotment option in full) for general corporate purposes, including acquisitions. Full Article
Telephone and Data Systems Inc Announces Fourth Quarter 2012 Dividend
Telephone and Data Systems Inc announced that the board of directors of has declared a fourth quarter 2012 dividend of $0.1225 per Common Share and Series A Common Share. Payment will be made on Dec. 28, 2012 to shareholders of record as of Dec. 17, 2012. Full Article
Telephone and Data Systems Inc Announces Third Quarter 2012 Dividend
Telephone and Data Systems Inc announced that it has declared a third quarter 2012 dividend of $0.1225 per Common Share and Series A Common Share. Payment will be made on September 28, 2012 to shareholders of record as of September 14, 2012. Full Article
Telephone and Data Systems, Inc. Issues FY 2012 Guidance
Telephone and Data Systems, Inc. announced that for fiscal 2012, it expects service revenue in the range of $4.050-$4.150 billion, operating income in the range of $200-$300 million and adjusted OIBDA in the range of $800-$900 million. Full Article
Telephone and Data Systems, Inc. Announces Second Quarter 2012 Dividend
Telephone and Data Systems, Inc. announced that it has declared a second quarter 2012 dividend of $0.1225 per Common Share and Series A Common Share. Payment will be made on June 29, 2012 to shareholders of record as of June 15, 2012. Full Article
TEXT - Fitch comments on Telephone & Data Systems Inc
Feb 27 - Fitch Ratings believes Telephone and Data Systems, Inc.'s (TDS) proposed acquisition of substantially all the assets of Baja Broadband, LLC (Baja) does not affect the company's credit profile in the near term given its relatively small size. Baja is a cable company with operations in New Mexico, Texas, Utah and Colorado. The acquisition combined with possible similar future investments could have long-term positive benefits in improving the revenue and earning diversification of TDS's

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