Professional
Added to YB: 2026-01-09
Pitch date: 2026-01-07
TDS [bullish]
Telephone and Data Systems, Inc.
+4.84%
current return
Author Info
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Company Info
Telephone and Data Systems, Inc., a telecommunications company, provides communications services to consumer, business, and government in the United States.
Market Cap
$5.3B
Pitch Price
$41.73
Price Target
68.00 (+55%)
Dividend
0.35%
EV/EBITDA
4.94
P/E
95.44
EV/Sales
1.58
Sector
Wireless Telecommunication Services
Category
special_situation
Telephone and Data Systems, Inc. (TDS) - The New TDS
TDS: Sold US Cellular for $4.3B, reset as clean fiber/tower play. TDS Telecom scaling fiber in 100 Tier-2/3 markets w/ first-mover advantage + E-ACAM converting 300k rural copper locations to fiber w/ $1.2B federal revenue over 15 yrs. Array Digital towers undermarketed at 1.0x tenancy vs 2.2x peers. $1.8B spectrum sales = $12/share special div (31% of price). Implied TDS Telecom at distressed $738/passing vs $2,300 DCF, $68 PT, 70% upside.
Read full article (25 min)