India, May 8 -- Friday, Telephone and Data Systems, Inc. (TDS) announced its first-quarter financial results, reporting a net income from continuing operations to common shareholders of $146.6 million, or $1.11 per share, compared with a net loss of $5.9 million, or $0.20 per share, in the prior year.
Total operating revenue for the period stood at $309.45 million, up 7 percent from $290.4 million in the previous year.
Looking ahead to full year 2026, the company expects total operating revenues of $1,015-$1,055 million for TDS Telecom, and $200-$215 million for Array.
Concurrently, the company has submitted an acquisition proposal to the Board of Directors of Array Digital Infrastructure, Inc. As per the proposal, each Array common shar...