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Telephone and Data Systems, Inc. (TDS) Management on Q1 2020 Results - Earnings Call Transcript

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Telephone and Data Systems, Inc. (NYSE:TDS) Q1 2020 Earnings Conference Call May 1, 2020 10:00 AM ET

Company Participants

Jane McCahon - Senior Vice President, Corporate Relations & Corporate Secretary

Pete Sereda - Executive Vice President and Chief Financial Officer, TDS

Ken Meyers - President & Chief Executive Officer, U.S. Cellular

Doug Chambers - Senior Vice President and Chief Financial Officer, U.S. Cellular

Vicki Villacrez - Senior Vice President of Finance & Chief Financial Officer, TDS Telecom

Conference Call Participants

Simon Flannery - Morgan Stanley

Zack Silver - B. Riley

Rick Prentiss - Raymond James

Michael Rollins - Citi


Good morning. My name is Suzanne, and I will be your conference operator today. At this time, I'd like to welcome everyone to the TDS U.S. Cellular First Quarter 2020 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. Ms. Jane McCahon, you may begin your conference.

Jane McCahon

Thank you Suzanne, and good morning and thank you everyone for joining us. We want to send out our very best wishes that you and your families are well. We've worked hard to prepare our materials and remarks today to share with you about the strength of our businesses and provide insight into what we believe will be the most significant opportunities and challenges we will face in the coming months. Please continue to provide us feedback about what we can do to provide timely and important information. Now back to the normal script.

I want to make you all aware of the presentation we prepared to accompany our comments this morning, which you can find on the Investor Relations sections of the TDS and U.S. Cellular websites. With me today, from all corners of the

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