TDS reaches major milestone: a half million broadband subscribers

TDS Telecommunications LLC (TDS®) is proud to announce it has reached a major milestone: a half million broadband subscribers. The achievement was shared in the telecommunications company’s first quarter earnings report, which showed strong broadband connection growth and a 4% increase in revenues during the first three months of the year. TDS, headquartered in Madison, Wis., also reported it is delivering 1 Gigabit internet speeds to more than half of its total service addresses.

“Our primary strategic objective is to provide growth by investing in our high-speed broadband services," said Vicki Villacrez, senior vice president of Finance and CFO. “We are pleased with the successful start of the year and have aggressive plans to double our fiber service delivery from the prior year in 2021.”

TDS is a rapidly growing technology company with 1.2 million connections. It delivers high-speed internet, TV entertainment and phone services to nearly 1,000 rural, suburban, and metropolitan communities.

“Fiber is the most economical long-term solution to deliver the best broadband experience,” said Villacrez. “Selecting the right markets remains key to our future success.”

TDS is continuing its rapid deployment in new markets. It is currently launching fiber services in many areas across the country including Coeur d’Alene, Idaho, and Spokane, Wash., which were identified by a recent national survey as the hottest emerging housing markets in the U.S.

As the company provides services to new regions, it also invests in those communities. TDS takes a vested interest in the growth and success of the areas it serves through community involvement, volunteering, and local sponsorships of events.

 

 

Media Contact: Missy Kellor, Associate Manager-Communications | TDS | 608-664-4836 | missy.kellor@tdstelecom.com

TDS Telecommunications LLC (TDS Telecom/TDS®) delivers high-speed internet, TV entertainment, and phone services to more than 1,000 rural, suburban, and metropolitan communities across the U.S. With 1.2 million connections, TDS is a rapidly growing technology company. Powered by fiber-optics and new industry-leading technologies, TDS delivers up to 2 Gigabit internet speeds and offers internet-protocol based TV entertainment solutions along with traditional phone services. TDS also offers businesses VoIP advanced communications solutions, dedicated internet service, data networking, and hosted-managed services. Visit tdstelecom.com.

TDS Telecom, headquartered in Madison, Wis., employs 2,900 people and is a subsidiary of Telephone and Data Systems, Inc. [NYSE: TDS], a Fortune 1000® company. Founded in 1969, Telephone and Data Systems provides wireless; broadband, video and voice; and hosted and managed services to approximately 6 million connections nationwide through its businesses, UScellular, TDS Telecom, and OneNeck IT Solutions. TDS Inc. has been named to several Forbes lists, including America's Best Employers for Diversity, Best Large Employers, and Best Employers for Women. Visit tdsinc.com.

Updated August 2021

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