TDS Telecommunications Corp. overview
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A quick 9-slide overview of TDS Telecommunications Corp. in Madison, Wis. We are a subsidiary of Telephone and Data Systems Inc. headquartered in Chicago, Ill. TDS Telecom is the 8th largest independent telephone provider in the USA.
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TDS Telecommunications Corp. overview
- 1. Empowering the Broadband Generation Company Overview
- 2. TDS ® stands for… T elephone and D ata S ystems ™ We had data in our name before most people knew what it meant.
- 3. The TDS® “Family of Companies” We are publicly traded on the NYSE with primary stock ownership by the Carlson family. TDS was formed in 1969. You are here! Telephone & Data Systems, Inc. Walter Carlson-Chairman, Roy Carlson-Chairman Emeritus Ted Carlson-President & CEO Headquarters in Chicago, Ill. Approximately 500 employees TDS Telecommunications Corp. David Wittwer - President & CEO Headquarters in Madison, Wis. Approximately 2,600 employees U.S. Cellular Mary Dillon-President and CEO Headquarters in Chicago, Ill. Approximately 7,700 employees Suttle Straus John Berthelsen, President Located in Waunakee, Wis. Approximately 200 employees
- 4. TDS Telecommunications Corp. serves 30 states as a local phone, Internet and entertainment provider for business and residential customers. More than 1.1 million lines in service nationwide!
- 6. TDS @ work in our communities TDS employs more than 2,600 people nationwide. 100% of our employees live and work in the U.S. No overseas call centers or help desks.
Editor's Notes
- Revised Boilerplate July 2010 TDS Telecommunications Corp. markets communication services to business and residential customers in 30 states through its brands TDS Telecom® and TDS Metrocom®. With 1.1 million access line equivalents in service, TDS Telecommunications Corp. connects customers to phone, broadband, and digital television service in hundreds of rural, suburban, and metropolitan communities. TDS Telecommunications Corp. is the eighth-largest wire line company in the nation; employing approximately 2,500 people. The company is headquartered in Madison, Wis. Visit www.tdstelecom.com and www.tdsbusiness.com for more information. TDS Telecommunications Corp. is a wholly owned subsidiary of Telephone and Data Systems, Inc. [NYSE: TDS, TDS.S] Telephone and Data Systems, Inc., a Fortune 500® company, provides wireless, local and long-distance telephone and broadband services to nearly 7.3 million customers in 36 states through TDS Telecommunications Corp. and U.S. Cellular® [NYSE: USM], its 82-percent owned wireless subsidiary. Founded in 1969 and headquartered in Chicago, Telephone and Data Systems employed 12,300 employees as of March 31, 2010. Visit www.teldta.com for more information.
- 42 grants to expand its broadband network in 20 states at a combined project cost of $123.5M. As part of the American Recovery and Reinvestment Act, TDS Telecom submitted 46 applications in the second round of the Rural Utilities Service (RUS) Broadband Initiatives Program (BIP) in March 2010. On August 4th, 18th and 19th, TDS Telecom received notification that the RUS approved funding for 42 of these applications and will receive $92.6M in federal grants while providing $30.9M of its own funds to complete the projects. These projects will provide service to over 24,000 unserved households. These awards follow TDS Telecom’s earlier success in round one of the BIP program where it received $12.5 million in grants to expand its broadband networks in Michigan and Alabama to over 1,400 households. TDS Telecom will have up to 3 years to complete construction of these networks, which will require more than 1,000 miles of fiber to be laid in trenches. As with the first round projects in Alabama and Michigan, construction will begin after TDS Telecom and the RUS execute contracts for each project (in about 60-90 days), complete engineering and site visits, and the RUS completes environmental and historical preservation assessments for each project. The four remaining applications that have not been approved are for $9.5M in grants for a combined project cost of $12.6M. We remain optimistic that these applications will be approved as the RUS continues its work to meet the September 30, 2010 statutory deadline requiring the agency to distribute all $2.6B in federal broadband stimulus funding under their jurisdiction.