Telephone and Data Systems (TDS) reported second-quarter 2026 operating revenues from continuing operations of $309.3 million, compared with $298.5 million a year earlier. Net income attributable to TDS common shareholders was $281.1 million, compared with a loss of $5.7 million in the prior-year quarter.
TDS Telecom and Array updated 2026 guidance. TDS Telecom raised its marketable fiber service address guidance, while Array narrowed its revenue range and increased its adjusted EBITDA range.
- TDS Telecom delivered approximately 66,000 marketable fiber service addresses and 15,100 residential fiber net additions in the quarter.
- TDS Telecom 2026 guidance includes revenues of $1.000 billion to $1.025 billion and capital expenditures of $625 million to $675 million.
- Array site rental revenues rose 95% year over year, and the company reported consecutive quarter-over-quarter tower tenancy growth.
- Array closed spectrum sales with proceeds of $74.8 million, $86.4 million and $1 billion during the quarter.
- Array issued a special dividend of $11 per common share on June 25, 2026.
- TDS will hold its earnings conference call on August 7, 2026, at 9:00 a.m. CT.
