TDS Q4 2021 Earnings Report
Key Takeaways
TDS reported total operating revenues of $1,372 million for the fourth quarter of 2021, a slight decrease compared to $1,376 million for the same period one year ago. Net income attributable to TDS common shareholders remained flat at $14 million, with diluted earnings per share decreasing slightly from $0.12 to $0.11. The company is executing its strategic priorities, with UScellular focusing on growth areas and TDS Telecom expanding its broadband business.
UScellular maintained cost discipline and saw growth in Business and Government, Prepaid, Fixed Wireless, and its tower portfolio.
TDS Telecom surpassed $1 billion in revenue and exceeded a half million total broadband connections for the year.
TDS Telecom launched 2Gig broadband speeds in select markets and aims to triple fiber service addresses by 2026.
UScellular made progress on its network modernization program and accumulated mid-band spectrum for 5G growth.
TDS
TDS
TDS Revenue by Segment
Forward Guidance
TDS provided estimated results for the full year 2022 for UScellular and TDS Telecom.
Revenue & Expenses
Visualization of income flow from segment revenue to net income