CHICAGO, July 17,
2023 /PRNewswire/ -- In response to recent media
reporting, TDS Telecommunications LLC, a subsidiary of
Telephone and Data Systems, Inc. (NYSE:TDS), conducted an
assessment of its communications network across the country and
located approximately 10 miles of lead-covered cables. TDS Telecom
is identifying next steps to address the very limited amount of
lead cabling it estimates is in its network. TDS Telecom strives to
follow all applicable local, state, and federal laws where it
provides service.
About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000® company,
provides wireless; broadband, video and voice; and hosted and
managed services to approximately 6 million connections
nationwide through its businesses, UScellular, TDS Telecom, and
OneNeck IT Solutions. Founded in 1969 and headquartered in
Chicago, TDS employed
approximately 9,300 associates as of March
31, 2023.
Statement Regarding Disclosure of Estimate
This press release contains an estimate regarding the amount of
lead-covered cables in TDS Telecom's communications network. This
estimate represents management's best estimate, based on the most
current information available to management, after having conducted
a reasonable internal inquiry into the matter. TDS does not
undertake any obligation to update the estimate to reflect
additional information that may become available to management
following the date of this press release.
For more information about TDS and its subsidiaries, visit:
TDS: www.tdsinc.com
TDS Telecom: www.tdstelecom.com
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SOURCE Telephone and Data Systems, Inc.