Bullish Case: TDS has been investing heavily in 5G and fiber expansions, evidenced by its progressive telecom improvements and management's bullish expectations for growth and capital management efficiency in 2024.


Bearish Case: TDS faces challenges from ongoing litigation, a high interest rate environment, and operational inefficiencies that could hinder its financial performance and stock growth.


Potential Outcomes:

1. Successful 5G rollout boosting revenue: 40%.

2. Litigation resulting in financial instability: 30%.

3. High interest expenses dragging profits: 20%.

4. Effective capital management improving margins: 10%.


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April 18, 2024


Telephone And Data Systems Forecast

TDS        Telephone And Data Systems
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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