Telephone and Data Systems, Inc. (TDS) has announced a significant leadership change within its subsidiary, UScellular. On July 24, 2025, Douglas W. Chambers was named interim President and CEO of UScellular, pending the completion of a Securities Purchase Agreement involving TDS, UScellular, T-Mobile US, Inc., and USCC Wireless Holdings, LLC. This move will see Laurent C. Therivel step down from the role, reshaping TDS’s executive leadership team.
The appointment comes at a time when TDS’s stock is rated as a “Buy” with a target price of $39.00, suggesting optimism among analysts despite the company’s mixed performance indicators. Recent evaluations point to strong cash flow, although TDS is facing challenges such as declining revenues and profitability. According to insights from Spark, TipRanks’ AI Analyst, TDS currently holds a Neutral outlook while indicating some positive momentum in technical analysis, albeit with significant valuation hurdles ahead.
TDS operates primarily in the telecommunications sector, providing wireless services through UScellular, and continues to focus on enhancing its mobile network offerings across the United States. The current market cap stands at $4.28 billion with an average trading volume of 1,064,536 shares, reflecting a Buy sentiment in technical trading indicators.
The strategic transitions within the company, along with the guidance from experienced analysts, could pave the way for potential future improvements and stability as TDS navigates through its competitive landscape.