Telephone and Data Systems Investor Relations Material

Telephone and Data Systems Inc., more widely known as TDS, is a significant player in the telecommunication services sector in the United States. Established in 1969, TDS has grown to provide reliable wireless, cable, and wireline services to homes and businesses across the United States. With a focus on meeting the growing demands for high-speed internet, voice, and video services, TDS operates under a number of subsidiary brands, including U.S. Cellular, TDS Telecom, and OneNeck IT Solutions, each catering to distinct areas of telecommunication and information technology.

The roots of Telephone and Data Systems trace back to Chicago, Illinois. The company has since grown significantly, serving customers in over 30 states, and becoming a major player in the industry. TDS Telecom, the company's cable and wireline division, and U.S. Cellular, its wireless division, serve as the two pillars of its operations. Today, they compete with companies like AT&T and Verizon.

In an age where communication and data services have become essential to everyday life, TDS holds a key position in the industry. The company's strategy to provide a range of services from internet access and phone lines to video entertainment and managed IT solutions provides a comprehensive solution to their customers' needs. With the continuous progress of digital communication, TDS's diversity in services them to remain relevant through technological shifts while continually providing the latest in communication technology to their customers. A significant part of TDS's operation is to provide rural and suburban communities with access to high-quality telecommunication services, even if they also offer services in certain urban areas.

Like many companies in their sector, TDS is evolving with the times. to the increasing shift towards a digital economy and society, TDS is making strides to stay ahead of the curve. The company continues to invest in broadband network expansion and improvements, digital product enhancements, and customer-focused strategies. TDS Telecom, for instance, has undertaken an aggressive fiber optic expansion plan to meet the growing demand for high-speed internet. Simultaneously, U.S. Cellular working on providing a broader 5G network coverage, promising faster and more efficient wireless communication.