Telephone and Data Systems

Last updated

Telephone and Data Systems, Inc.
Type Public
NYSE:  TDS
S&P 600 component
Industry Communications services
Founded1969
Headquarters 30 North LaSalle
Chicago, Illinois, U.S.
Key people
LeRoy T. Carlson, Jr., President & CEO
ProductsLocal wireline and wireless telecommunication services, Internet services
RevenueDecrease2.svg$5.104 billion USD (2016) [1]
Number of employees
9,900 [2]  (2018)
Subsidiaries U.S. Cellular (84%)
Website www.tdsinc.com

Telephone and Data Systems, Inc. is a Chicago-based telecommunications service company providing wireless products and services; cable and wireline broadband, TV and voice services; and hosted and managed services to approximately 6 million customers nationwide through its business units TDS Telecom and U.S. Cellular (NYSE :  USM) and OneNeck IT Solutions. [3]

The company began as a rural phone company in Wisconsin in 1969. In 1983 it founded U.S. Cellular as a subsidiary. In 2001, it acquired Straus Printing Company and combined it with a previously acquired printing company, Suttle Press, to form Suttle-Straus as another subsidiary. [4]

LeRoy T. Carlson, the founder of TDS, died in May 2016 at the age of 100. [5]

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References

  1. "TDS Income Statement - Telephone and Data Systems, Inc Stock - Yahoo Finance". finance.yahoo.com.
  2. "TDS Profile - Telephone and Data Systems, Inc Stock - Yahoo Finance". finance.yahoo.com.
  3. "TDS Reports Fourth Quarter Results" (Press release). Telephone and Data Systems, Inc. 24 August 2012.
  4. "Telephone and Data Systems, Inc. - About Us - History". www.tdsinc.com.
  5. "Founder and longtime Chairman of TDS, LeRoy T. Carlson, passes away at 100 - FierceTelecom". www.fiercetelecom.com. Archived from the original on 26 May 2016.