This Slide: #90 of 100 |
Slide #90. TDS Telecom — Baja Broadband
Acquirer:
TDS Telecom (NYSE:TDS)
Acquiree:
Baja Broadband
Details:
M/C Partners and Columbia Capital announced today that they have agreed to sell the assets of Baja Broadband, LLC ("Baja") to Telephone and Data Systems, Inc. (NYSE:TDS), parent company to TDS Telecommunications Corp.
Telephone and Data Systems provides communications services to customers with wireless connections and wireline and cable connections. Co. conducts its wireless operations through its majority-owned subsidiary, United States Cellular Corporation (UScellular). Co. provides broadband, video and voice services through its wholly-owned subsidiaries TDS Telecommunications LLC and TDS Broadband LLC (collectively, TDS Telecom). Co. has two business segments: UScellular and TDS Telecom. Co.'s operations also include the operations of its wholly-owned hosted and managed services subsidiary, which operates under the OneNeck IT Solutions brand, and its wholly-owned subsidiary Suttle-Straus, Inc.
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Buy (3.00 out of 4) 24th percentile
(ranked lower than approx. 76% of all stocks covered)
Analysts' Target Price: TDS Stock Forecast Based on Zacks ABR data; powered by Xignite |