Yearâoverâyear growth in total operating revenue:âŻThe press release notes that TDSâ total operating revenue for Q2âŻ2025 rose approximatelyâŻ5âŻpercent versus the same quarter a year earlier.
Trading implications
Fundamentals: A 5% YoY increase in operating revenue, especially in a mature telecom segment, signals steady demand for TDSâ core voice, data and broadband services. The growth outpaced the modestâsingleâdigit declines seen across many peers that are still wrestling with postâpandemic churn, suggesting the company is successfully crossâselling bundled offerings and extracting incremental value from its recent networkâmodernization investments. The topâline expansion also bolsters confidence that the firm can sustain its dividend payout and fund its 2025 capâex plan without tightening cash flow.
Technical outlook: The stock has been trading in a tight range around the 55âday moving average (ââŻ$115) since the Q2 results. The 5% revenue beat often triggers a shortâterm bounce; a break above the $118 resistance line on volume could open a 10â12% upside to the next resistance near $125. Conversely, if the market discounts the modest topâline lift and pushes the price back below the 20âday SMA (~$112), the downside could be limited to the next support at $108, offering a potential entry point for a contrarian long with a stop just below $106.
Actionable stance: With the revenue growth confirming a resilient operating model, a bullishâbiased stance is warranted. Consider a buyâonâbreak if the price clears $118 on strong volume, targeting $125â$130, while keeping a stop just under $112. If the price remains stuck below $115, a cautious shortâterm short (e.g., selling the highâprobability bounce to $118) could be used to capture the upsideâbias while preserving flexibility for a longerâterm upside if the fundamentals continue to outpace peers.