Telephone And Data Systems, Inc. · NYSE:TDS
Telephone And Data Systems — Shareholder Meeting (May 2021)
10 slides from Telephone And Data Systems's shareholder meeting presentation, May 20, 2021
Slide 1: TDS Annual Meeting of Shareholders
TDS Annual Meeting of Shareholders May 20, 2021
Slide 2: LeRoy T. Carlson Jr., President and CEO
LeRoy T. Carlson Jr., President and CEO
Slide 3: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forward- looking statem
Slide 4: Living our mission as an essential service
Living our mission as an essential service The pandemic has brought a year of unprecedented change, but our businesses remain strong… Customers – The TDS family of businesses is fulfilling our promise to provide high-quality communication services to our customers, including underserved markets, whi
Slide 5: 2020 Goals and Accomplishments
2020 Goals and Accomplishments Pandemic ◦ Confirmation of how essential our service is to society Response ◦ Safety of customers and associates was critical Improved ◦ Increase in total connections Subscriber and ◦ Continued expense discipline Financial Results ◦ Adjusted EBITDA up 5% ◦ Effectively
Slide 6: 2021 Strategic Priorities
2021 Strategic Priorities In addition to the Key Strategic Priorities listed below, UScellular will maintain a focus on the health and safety of both customers and associates throughout the duration of the pandemic. Continued Emphasis Improve Return on Maintain Industry Advocate for Focus on Growth
Slide 7: 2020 Accomplishments
2020 Accomplishments • Pandemic highlights broadband is essential ◦ Safety of customers and employees remains critical WIRELINE ◦ Network infrastructure enabled ability to serve our communities • Invested nearly $130 million to deploy fiber and build infrastructure in existing and new markets; ident
Slide 8: 2021 Strategic Priorities
2021 Strategic Priorities Foster strong Operate lean, culture of invest savings in Grow revenue diversity, equity, growth and inclusion Improve Execute fiber Meet regulatory Drive broadband Disciplined customer program obligations penetration acquisitions experience, TDS TV+ penetration 8
Slide 9: UScellular Adjusted EBITDA reconciliation
UScellular Adjusted EBITDA reconciliation Year ended December 31, ($ in millions) 2020 2019 Net income (GAAP) $ 233 $ 133 Add back or deduct: Income tax expense (benefit) 17 52 Income before income taxes (GAAP) $ 250 $ 185 Add back: Interest expense 112 110 Depreciation, amortization and accretion 6
Slide 10: Thank you
Thank you
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