TDS targets 200,000-250,000 new fiber addresses in 2026 while proposing to acquire remaining Array shares

TDS aims to add 200,000-250,000 new fiber addresses in 2026 while proposing to acquire the remaining shares of Array in an all-stock deal. Each Array share would be exchanged for 0.86 TDS shares, assuming dividends of $10.40 per share. TDS reported a 3% decline in total operating revenues for Q1 2026, with fiber revenue up 13%. The company expects to close the acquisition of Granite State Communications in Q3, pending regulatory approval. TDS maintains its 2026 revenue guidance of $1.015 billion to $1.055 billion despite headwinds in copper and cable markets.