On the Record · Telephone & Data Systems

Telephone & Data Systems acquisitions, on the record

The businesses Telephone & Data Systems bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
TDS' wholly-owned hosted and managed services (HMS) subsidiary, which operated under the OneNeck IT Solutions brand Word for word“TDS' wholly-owned hosted and managed services (HMS) subsidiary, which operated under the OneNeck IT Solutions brand was sold to a third-party on September 3, 2024.” 10-K for 2024	divestiture	September 3, 2024	—
sale of the wireless business to T-Mobile Word for word“The sale of the wireless business to T-Mobile is expected to close in mid-2025, subject to the receipt of regulatory approvals and the satisfaction of customary closing conditions.” 10-K for 2024	agreed divestiture	expected to close in mid-2025	—
UScellular License Purchase Agreement with Verizon Communications Inc. Word for word“On October 17, 2024, UScellular, and certain subsidiaries of UScellular, entered into a License Purchase Agreement (Verizon Purchase Agreement) with Verizon Communications Inc.” 10-K for 2024	agreed divestiture	On October 17, 2024	—
Divestitures in the fourth quarter of 2024 (connections) Word for word“Divestitures in the fourth quarter of 2024 resulted in a decrease of 15,700 connections.” 10-K for 2024	divestiture	fourth quarter of 2024	—
Cash received from divestitures Word for word“Cash flows used for investing activities were $754 million, due primarily to payments for property, plant and equipment of $884 million and payments for wireless spectrum licenses of $20 million, partially offset by cash received from divestitures of $147 million.” 10-K for 2024	divestiture	—	147
Array's wireless operations and select spectrum assets Word for word“On August 1, 2025, Array sold its wireless operations and select spectrum assets to T-Mobile US, Inc.” 10-K for 2025	divestiture	August 1, 2025	—
King Street Wireless, LLC and Sunshine Spectrum, LLC (remaining interest) Word for word“On July 14, 2025, Array completed the acquisition of the remaining interest of King Street Wireless, LLC and Sunshine Spectrum, LLC for a total purchase price of $ 16.7 million, of which $ 9.4 million was paid in prior periods and $ 7.3 million was paid at time of closing.” 10-K for 2025	acquisition	July 14, 2025	$ 16.7 million
hosted and managed services (HMS) subsidiary, OneNeck IT Solutions Word for word“TDS' wholly-owned hosted and managed services (HMS) subsidiary, which operated under the OneNeck IT Solutions brand, was sold to a third-party on September 3, 2024.” 10-K for 2025	divestiture	September 3, 2024	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$21 million	—
2017-12-31	$21 million	$5 million
2018-12-31	$29 million	—
2019-12-31	$41 million	$38 million
2020-12-31	$26 million	$0
2021-12-31	$3 million	—
2022-12-31	$8 million	—
2023-12-31	$1 million	—
2024-12-31	$147.3 million	—
2025-12-31	$72.3 million	—

Deal filings since 2016

2026-06-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2026-01-13 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2025-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-11-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-10-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Telephone & Data Systems’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.