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Jun 30, 2021
TDS Q2 2021 Earnings Report
TDS reported solid revenue growth and made progress on achieving long-term strategic goals.
Key Takeaways
TDS reported total operating revenues of $1,311 million for the second quarter of 2021, compared to $1,263 million for the same period one year ago. Net income attributable to TDS common shareholders was $20 million, or $0.17 per share, compared to $65 million, or $0.56 per share, in the same period one year ago.
UScellular's higher postpaid ARPU helped drive service revenue growth as customers chose higher-value plans.
UScellular's efforts to build market share in prepaid business are starting to generate positive results.
UScellular's 5G and network modernization programs are on track and optimistic on the performance capabilities of mmWave spectrum.
TDS Telecom's increased broadband connections and customers choosing higher speeds contributed to higher operating revenues for the quarter.
Revenue by Segment
Forward Guidance
TDS' current estimates of full-year 2021 results for UScellular and TDS Telecom are shown below and should not be assumed to be current as of any future date.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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