Telephone and Data Systems Q2 Earnings Call Highlights
Telephone and Data Systems reported second-quarter progress in its fiber expansion and tower operations, while lowering revenue expectations for its telecom business due to ongoing pressure from legacy copper and cable services. The company also noted that Array Digital Infrastructure completed major spectrum transactions during the quarter and that several elements of its full-year outlook were raised.
Why it matters — The report gives TDS watchers a current picture of the company's fiber and tower growth offset by softness in its legacy telecom segment, along with updates on spectrum deals and revised full-year guidance.