1. TDS’ mission is to provide outstanding communications services to
our customers and meet the needs of our shareholders, our
people, and our communities
Raymond James 43rd Annual Institutional
Investors Conference
March 7, 2022
2. Enterprise strategy
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To provide outstanding communications services to our customers and meet the needs of
our shareholders, our people, and our communities
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1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Annual Dividends per TDS Share*
48 years of Annual Increase
* Retroactively adjusted for the effect of 2005 stock dividend
6. Our strategy is built on five pillars that will continue to
transform our business
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Grow
Scale
Grow
Revenue
Reduce
Platform Cost
Structure
Improve
Customer
Experience
Increase top line through average
revenue per connection growth,
broadband penetration growth, and
continued fiber expansion
Listen to voice of customers to
continue to rollout product and
service enhancements
Expand footprint through fiber
deployments in new markets
and consider acquisitions
Reduce legacy costs and
leverage scale to drive
innovation and automation
Attract and retain top talent; foster a
strong culture of DE&I; educate and train
workforce to prepare for future
Transform our Workforce
7. Over the next five years we have a goal to triple our fiber
service addresses
* Marketable service addresses includes single family households, commercial locations, and multiple dwelling units where
we have gained right of entry across all of our markets (Incumbent and Expansion)
Proven criteria for expansion market selection
• Broadband penetration 12+ months post-launch
exceeding expectations
Achieved 43% fiber service addresses in our Wireline
(incumbent and expansion) footprint
• Incumbent, augmented by state and federal funding
opportunities, have driven fiber to 33% by YE 2021,
look to reach ~50% over the next five years
~1.2M+
393K
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Forecasted Residential Broadband Penetration
Fiber Highlights
Target Marketable Fiber Service Addresses*
