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Number of towers at other companies

SBA Communications logo
SBA CommunicationsSBAC
1.8K+3,742%
SBA Communications logo
SBA CommunicationsSBAC
3.9K
Wynn Resorts logo
Wynn ResortsWYNN
0.50.0%
Sempra Energy logo
Sempra EnergySRE
4
Wynn Resorts logo
Wynn ResortsWYNN
0.50.0%
Raymond James Financial logo
Raymond James FinancialRJF
10.0%

Other financials

Income statement

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Revenue$309.3M+3.6%
Operating income$373.2M+3,133%
Net income$298.4M+2,479%
EPS (diluted)$2.42+4,940%

Balance sheet

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Cash & equivalents$2.2B+293%
Total debt$1.2B-75.4%
Total equity$5.2B+3.3%
Total assets$8.4B+2.6%

Cash flow

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Operating cash flow$55.6M-86.8%
CapEx$168.9M+96.2%
Free cash flow-$113.3M-134%

Valuation

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Market cap$4.03B-6.5%
Enterprise value$3.08B-65.1%
P/E9.5×
P/S3.2×-0.4×

Profitability

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Gross margin77.2%
Operating margin-21.9%
Net margin33.8%
FCF margin87.7%

Returns & leverage

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Return on equity8.4%
Debt / equity0.2×-0.8×
Current ratio3.8×+2.0×

Where this comes from

Reported directly by Telephone and Data Systems in its filing.

Tagged under the XBRL concept tds:NumberOfTowers.

The source filing: Telephone and Data Systems’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:15 PM EST
Fiscal year
FY2025
Accession
0001051512-26-000011

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company providing high-quality communications services. TDS provides broadband, video, voice and wireless services to 1.1 million connections at December 31, 2025 through its wholly-owned subsidiary, TDS Telecommunications LLC (TDS Telecom). Array Digital Infrastructure, Inc. (Array), a 82.0%-owned subsidiary of TDS, leases tower space to tenants and provides ancillary services, holds noncontrolling interests in primarily wireless operating companies and holds certain wireless spectrum licenses. As of December 31, 2025, Array owns 4,450 towers in 19 states. Through July 31, 2025, Array provided wireless communication services; these operations and certain wireless spectrum licenses were disposed of on August 1, 2025. On August 1, 2025, United States Cellular Corporation changed its name to Array. Array is used throughout this report even when referring to historical periods. The Notes to Consolidated Financial Statements are presented for continuing operations, except for Note 2 — Discontinued Operations.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Telephone and Data Systems's number of towers?
Telephone and Data Systems (TDS) reported number of towers of $4.45K in Q4 2025.
What does number of towers mean?
Number of towers as reported by Telephone and Data Systems Inc..

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