Why Is Telephone And Data Systems Stock Surging Today?
Why Is Telephone And Data Systems Stock Surging Today?
Telephone and Data Systems, Inc. (NYSE:TDS) shares are trading higher after the company announced a definitive deal to sell its wholly owned subsidiaries OneNeck IT Solutions and OneNeck Data Center Holdings to US Signal Company for an undisclosed amount.
电话和数据系统公司 (NYSE:TDS) 宣布与 US Signal 公司达成明确协议，以未披露的金额出售其全资子公司 OneNeck IT Solutions 和 OneNeck Data Center Holdings ，该股票的股价正在上涨。
US Signal, a portfolio company of Igneo Infrastructure Partners, is acquiring all of OneNeck's operations, encompassing its data centers, cloud hosting, and solutions provider services.
US Signal 是 Igneo Infrastructure Partners 的投资组合公司，正在收购所有 OneNeck 的运营，包括其数据中心、云主机和解决方案提供商服务。
Vicki L. Villacrez, TDS Executive Vice President and CFO, said, "As part of our capital allocation process, we are prioritizing assets to determine what is strategic and can improve our competitiveness."
TDS 的执行副总裁和 CFO Vicki L. Villacrez 表示 : ‘作为资本分配过程的一部分，我们正在优先考虑决定战略性的资产，以及可以提高我们的竞争力。’
"The sale of OneNeck provides additional capital that can be used to support TDS Telecom's fiber program, which includes investing in communities throughout the US with quality broadband connectivity. I believe that OneNeck's business complements US Signal and I am excited about future opportunities for both associates and the operations."
‘OneNeck 的出售提供了额外的资金，可用于支持 TDS Telecom 的光纤项目，其中包括在美国各地投资以提高卓越的宽带连通性。我相信 OneNeck 的业务与 US Signal 互补，同时也期待着今后为员工和业务带来更多机遇。’
The transaction is expected to close in the third quarter of 2024, pending the satisfaction of customary closing conditions.
该交易预计将在 2024 年第三季度完成，需满足惯例的关闭条件。
Michael Ryder, US Signal board chair and co-head of Igneo in North America, stated, "This acquisition is an important step toward fulfilling the company's expansion plans in the U.S. middle market."
US Signal 董事长、北美 Igneo 联席负责人 Michael Ryder 表示：‘此次收购是实现公司在美国中市场扩张计划的重要步骤。’
Investors can gain exposure to the stock via SPDR S&P Telecom ETF (NYSE:XTL) and Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU).
投资者可以通过 SPDR S&P 电信 ETF (NYSE:XTL) 和 Invesco S&P 小型上市公司公用事业和通信服务 ETF (NASDAQ:PSCU) 获得该股的受益。
Price Action: TDS shares are up 12.9% at $22.46 at the last check Monday.
截至上周一最后一次查看，TDS 股票上涨了 12.9%，报 $22.46。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本文部分内容使用了Benzinga Neuro的帮助。此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
Photo via Shutterstock
图片来自shutterstock。