US Cellular And Telephone And Data Systems: Preferreds Are Still Discounted

2024-09-17 08:47:16

Telephone And Data Systems preferred stock offers an 8% yield on cost for 76 cents on the dollar. The stocks are still discounted against pending asset sales, savings from a right-sized dividend, and pending Fed rate cuts. An expected surge in the company's cash position is set to reduce the risk profile of the preferreds and further boost their value in aggregate with yield compression.

TDS Telecom and UScellular participating in upcoming September conferences

2024-08-26 16:05:00

CHICAGO , Aug. 26, 2024 /PRNewswire/ -- TDS Telecom, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE:USM), will each be attending the following September conferences. Citi's 2024 Global TMT ConferenceTDS Telecom webcasted presentation on September 5, 2024 at 7:30 a.m.

U.S. Cellular's (USM) Q2 Earnings Beat Despite Lower Revenues

2024-08-05 12:10:18

U.S. Cellular (USM) reports a top-line contraction year over year, owing to a decline in postpaid and prepaid retail connections. However, growth in fixed wireless subscribers is a tailwind.

UScellular leverages latest Ericsson router technology to elevate 5G infrastructure in rural America

2024-08-05 08:00:00

Ericsson and UScellular are collaborating to enhance 5G transport infrastructure and reliable 5G networks in rural communities across the U.S. Local economies will receive a boost by the enablement of modern digitalization services as part of mid-band deployment that started in 2023, continues in 2024 and beyond PLANO, Texas , Aug. 5, 2024 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) and UScellular (NYSE: USM) today announced an infrastructure upgrade, leveraging Ericsson's existing Router 6000 portfolio along with the newly announced Router 6671, aimed at closing the digital divide in rural America through bolstering 5G transport infrastructure and enhancing high-speed internet access. This collaboration leverages Ericsson's advanced cell-site router technology to provide the necessary transport infrastructure for efficient utilization of mid-band spectrum for radio access network (RAN) deployment that both companies embarked on in 2023.

U.S. Cellular (USM) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

2024-08-02 10:35:29

While the top- and bottom-line numbers for U.S. Cellular (USM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.