SEC Form SC 13G/A filed by Telephone and Data Systems Inc. (Amendment)

$TDS
Telecommunications Equipment
Telecommunications
Get the next $TDS alert in real time by email
SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 7 )*

            

Telephone and Data Systems Inc


(Name of Issuer)

Common Stock


(Title of Class of Securities)

879433829


(CUSIP Number)

December 29, 2023


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)


CUSIP No. 879433829

1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Dimensional Fund Advisors LP
30-0447847
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]
(b) [X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware Limited Partnership

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER 4,666,181 ** see Note 1 **
6. SHARED VOTING POWER 0
7. SOLE DISPOSITIVE POWER 4,785,259 ** see Note 1 **
8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,785,259 ** see Note 1 **
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.5%
12. TYPE OF REPORTING PERSON

IA




















Item 1.
(a) Name of Issuer
Telephone and Data Systems Inc
(b) Address of Issuer's Principal Executive Offices
30 North LaSalle Street, Suite 4000, Chicago, IL 60602
Item 2.
(a) Name of Person Filing
Dimensional Fund Advisors LP
(b) Address of Principal Business Office or, if None, Residence
6300 Bee Cave Road, Building One, Austin, TX 78746
(c) Citizenship
Delaware Limited Partnership
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
879433829
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
4,785,259 ** see Note 1 **
(b) Percent of Class:
4.5%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 4,666,181 ** see Note 1 **
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 4,785,259 ** see Note 1 **
(iv) shared power to dispose or to direct the disposition of 0
** Note 1 ** Dimensional Fund Advisors LP, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts (such investment companies, trusts and accounts, collectively referred to as the "Funds"). In certain cases, subsidiaries of Dimensional Fund Advisors LP may act as an adviser or sub-adviser to certain Funds. In its role as investment advisor, sub-adviser and/or manager, Dimensional Fund Advisors LP or its subsidiaries (collectively, "Dimensional") may possess voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported in this schedule are owned by the Funds. Dimensional disclaims beneficial ownership of such securities. In addition, the filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
Item 5. Ownership of Five Percent or Less of Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ X ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
The Funds described in Note 1 above have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities held in their respective accounts. To the knowledge of Dimensional, the interest of any one such Fund does not exceed 5% of the class of securities. Dimensional Fund Advisors LP disclaims beneficial ownership of all such securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.

Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).
Item 9. Notice of Dissolution of Group.

Not Applicable
Item 10. Certification.

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dimensional Fund Advisors LP
By: Dimensional Holdings Inc., General Partner
By: /s/ Selwyn Notelovitz
Date: February 14, 2024
Name: Selwyn Notelovitz
Title: Global Chief Compliance Officer

Get the next $TDS alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TDS

DatePrice TargetRatingAnalyst
11/7/2024$51.00Mkt Perform → Outperform
Raymond James
8/8/2023$38.00Neutral → Overweight
JP Morgan
8/4/2023Neutral → Buy
Citigroup
7/17/2023$14.00 → $8.00Buy → Neutral
Citigroup
11/8/2022$21.00 → $14.00Underweight → Neutral
JP Morgan
11/7/2022Strong Buy → Mkt Perform
Raymond James
4/19/2022$22.00Overweight → Equal-Weight
Morgan Stanley
2/22/2022$33.00 → $25.00Strong Buy
Raymond James
More analyst ratings

$TDS
Press Releases

Fastest customizable press release news feed in the world

See more
  • TDS announces first quarter 2025 dividends

    CHICAGO, Feb. 21, 2025 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared first quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on March 31, 2025, to holders of record on March 17, 2025.TDS is paying a quarterly dividend of $414.0625 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 per depositary share payable on March 31, 2025, to holders of record on Ma

    $TDS
    Telecommunications Equipment
    Telecommunications
  • TDS reports fourth quarter and full year 2024 results

    Investing in our networks; TDS Telecom provides 2025 guidance CHICAGO, Feb. 21, 2025 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on February 21, 2025 at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,240 million for the fourth quarter of 2024, versus $1,313 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(11) million and $(0.10), respectively, for the fourth quarter of 2024 compared to $(523) million and $(4.64), respectively

    $TDS
    Telecommunications Equipment
    Telecommunications
  • TDS and UScellular to release fourth quarter operating results and host conference call on February 21, 2025

    CHICAGO, Feb. 7, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their fourth quarter operating results conference call on February 21, 2025, at 9:00 a.m. Central Time. The companies plan to release their financial results on February 21, 2025. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The webcast will be both live and on-demand. It is recommended that you register at least 15 minutes before the beginning to register, download and install any necessary multimedia streaming software.  About TDS Telephone and Data Systems, I

    $TDS
    $USM
    Telecommunications Equipment
    Telecommunications

$TDS
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$TDS
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$TDS
SEC Filings

See more

$TDS
Leadership Updates

Live Leadership Updates

See more
  • TDS announces CEO transition

    TDS Board Chair Walter C. D. Carlson appointed President and CEO LeRoy T. Carlson, Jr. to become Vice Chair Christopher D. O'Leary  Appointed Lead Independent Director CHICAGO, Jan. 27, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE:TDS) announced today that effective February 1, 2025, Walter C. D. Carlson will succeed LeRoy ("Ted") T. Carlson, Jr. as TDS President and Chief Executive Officer. Ted Carlson will assume a newly created Vice Chair position focusing on enterprise strategy and will continue to serve in his current role as Chair of the Board of UScellular (NYSE:USM). Walter Carlson has served on the TDS Board since 1981 and has been the non-executive Chair of the TDS

    $TDS
    $USM
    Telecommunications Equipment
    Telecommunications
  • Former Vice Chairman of Bell Canada Wade Oosterman Joins Calix Board of Directors

    Telecommunications luminary Wade Oosterman brings three decades of expertise driving transformation and profitable growth at Canada's largest telecom companies, further strengthening Calix market leadership amid the ongoing broadband industry disruption Calix, Inc. (NYSE:CALX) today announced that Wade Oosterman, former vice chairman of Bell Canada and president of Bell Media, BCE Inc. (NYSE:BCE), has been appointed to its board of directors. Highly regarded as an influential figure in telecommunications, Oosterman will provide valuable counsel as Calix continues transforming the broadband industry with its award-winning innovation portfolio. With the addition of Oosterman to its board, C

    $BCE
    $CALX
    $STGW
    $TDS
    Telecommunications Equipment
    Telecommunications
    Consumer Discretionary
    Advertising
  • TDS Board of Directors Appoints Vicki Villacrez to Board

    Villacrez brings telecommunications and financial leadership experience  CHICAGO, Aug. 23, 2023 /PRNewswire/ -- Telephone and Data Systems, Inc (NYSE:TDS) has announced that the Board of Directors has appointed Vicki Villacrez, Executive Vice President and Chief Financial Officer to serve on the TDS Board. "Vicki brings extensive financial leadership and telecommunications industry experience to our Board of Directors, and we are confident that the Company will benefit significantly from her Board contributions," said Walter C. D. Carlson, TDS Board chairman. Ms. Villacrez is currently Executive Vice President and Chief Financial Officer of TDS. She has extensive leadership experience in the

    $TDS
    Telecommunications Equipment
    Telecommunications

$TDS
Financials

Live finance-specific insights

See more
  • TDS announces first quarter 2025 dividends

    CHICAGO, Feb. 21, 2025 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared first quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on March 31, 2025, to holders of record on March 17, 2025.TDS is paying a quarterly dividend of $414.0625 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 per depositary share payable on March 31, 2025, to holders of record on Ma

    $TDS
    Telecommunications Equipment
    Telecommunications
  • TDS reports fourth quarter and full year 2024 results

    Investing in our networks; TDS Telecom provides 2025 guidance CHICAGO, Feb. 21, 2025 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on February 21, 2025 at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,240 million for the fourth quarter of 2024, versus $1,313 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(11) million and $(0.10), respectively, for the fourth quarter of 2024 compared to $(523) million and $(4.64), respectively

    $TDS
    Telecommunications Equipment
    Telecommunications
  • TDS and UScellular to release fourth quarter operating results and host conference call on February 21, 2025

    CHICAGO, Feb. 7, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their fourth quarter operating results conference call on February 21, 2025, at 9:00 a.m. Central Time. The companies plan to release their financial results on February 21, 2025. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The webcast will be both live and on-demand. It is recommended that you register at least 15 minutes before the beginning to register, download and install any necessary multimedia streaming software.  About TDS Telephone and Data Systems, I

    $TDS
    $USM
    Telecommunications Equipment
    Telecommunications

$TDS
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more