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.
電話和數據系統公司 (NYSE:TDS) 宣佈與 US Signal 公司達成明確協議，以未披露的金額出售其全資子公司 OneNeck IT Solutions 和 OneNeck Data Center Holdings ，該股票的股價正在上漲。
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 的投資組合公司，正在收購所有 OneNeck 的運營，包括其數據中心、雲主機和解決方案提供商服務。
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 的執行副總裁和 CFO Vicki L. Villacrez 表示 : ‘作爲資本分配過程的一部分，我們正在優先考慮決定戰略性的資產，以及可以提高我們的競爭力。’
"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 的出售提供了額外的資金，可用於支持 TDS Telecom 的光纖項目，其中包括在美國各地投資以提高卓越的寬帶連通性。我相信 OneNeck 的業務與 US Signal 互補，同時也期待着今後爲員工和業務帶來更多機遇。’
The transaction is expected to close in the third quarter of 2024, pending the satisfaction of customary closing conditions.
該交易預計將在 2024 年第三季度完成，需滿足慣例的關閉條件。
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 董事長、北美 Igneo 聯席負責人 Michael Ryder 表示：‘此次收購是實現公司在美國中市場擴張計劃的重要步驟。’
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).
投資者可以通過 SPDR S&P 電信 ETF (NYSE:XTL) 和 Invesco S&P 小型上市公司公用事業和通信服務 ETF (NASDAQ:PSCU) 獲得該股的受益。
Price Action: TDS shares are up 12.9% at $22.46 at the last check Monday.
截至上週一最後一次查看，TDS 股票上漲了 12.9%，報 $22.46。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本文部分內容使用了Benzinga Neuro的幫助。此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
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圖片來自shutterstock。