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Posted by
Two Blokes Jun 22 -
Filed in
Stock
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4 views
Disruption at the FCC has delayed T-Mobile's acquisition of US Cellular's wireless operation, with closure now likely in August or September 2025 after a new commissioner is sworn in. I remain bullish on TDS preferreds, especially Series VV, due to their steep discount to liquidation value and attractive 8.45% yield on cost. The USM sale will reduce TDS's debt and boost its cash position, serving as a catalyst for the preferreds and transforming the company's balance sheet.
