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TDS accelerates fiber-centric transition and approves share buyback

The Motley Fool +1 · ·by G4L

TDS
TDS Telephone And Data Systems Inc
$32.87 +1.58%
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  1. 1TDS Telecom recorded 76,000 additional fiber service addresses in the third quarter, achieving 14% year-over-year fiber revenue growth.
  2. 2The TDS board of directors decided to approve an additional $250 million share buyback.
  3. 3Array Digital Infrastructure received regulatory approval to sell specific 600 MHz and 700 MHz spectrum licenses.

So what's the key point?

TDS Telecom grew its revenue by adding 76,000 fiber service addresses. The company is expanding its business and has decided to buy back its own shares.

Source The Motley Fool +1 · View original ↗

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