Telephone & Data Systems (TDS) Minority Interest (2009 - 2026)
Telephone & Data Systems' Minority Interest was $231.58 million in Q2 2026, down 71.4% from $811 million a year earlier and down 31.6% from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Minority Interest at Telephone & Data Systems came in at $465.75 million, down 40.0% from FY2024.
- Minority Interest shows a five-year compound annual growth rate of -10.0% (FY2020 to FY2025).
- In earlier years, Minority Interest was $776.77 million in FY2024 (-2.2%), $794 million in FY2023 (+5.3%), $754 million in FY2022 (-6.6%) and $807 million in FY2021 (+2.3%).
- The Q2 2026 figure marks the lowest quarterly Minority Interest in data going back to Q4 2009.
- Compared with a year earlier, Minority Interest has declined for three straight quarters, with an average decline of 21.6% over the last eight quarters.
- The best year-over-year quarter for Minority Interest over five years was Q2 2024 (growth of 6.2%); the worst was Q2 2026 (a decline of 71.4%).
- Per Business Quant data, TDS's Minority Interest in the three quarters before Q2 2026 was $338.62 million (Q1 2026), $465.75 million (Q4 2025) and $817.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 192.46 Bn | 158.80 Bn | 27.05 Bn |
| 2 | T-Mobile US | 180.34 Bn | 162.78 Bn | 15.13 Bn |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 145.14 Bn | 145.14 Bn | 960.50 Mn |
| 5 | Comcast | 86.88 Bn | 52.67 Bn | - |
| 6 | Chunghwa Telecom | 37.87 Bn | 29.88 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.60 Bn | 7.00 Bn | - |
| 8 | EchoStar | 29.01 Bn | 10.04 Bn | 647.20 Mn |
| 9 | Bce | 19.96 Bn | 17.96 Bn | 2.79 Bn |
| 10 | Telephone & Data Systems | 3.81 Bn | -1.45 Bn | 179.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 231.58 Mn |
| Mar 31, 2026 | 338.62 Mn |
| Dec 31, 2025 | 465.75 Mn |
| Sep 30, 2025 | 817.93 Mn |
| Jun 30, 2025 | 811.00 Mn |
| Mar 31, 2025 | 774.00 Mn |
| Dec 31, 2024 | 776.77 Mn |
| Sep 30, 2024 | 798.00 Mn |
| Jun 30, 2024 | 834.00 Mn |
| Mar 31, 2024 | 800.00 Mn |
| Dec 31, 2023 | 794.00 Mn |
| Sep 30, 2023 | 791.00 Mn |
| Jun 30, 2023 | 785.00 Mn |
| Mar 31, 2023 | 759.00 Mn |
| Dec 31, 2022 | 754.00 Mn |
| Sep 30, 2022 | 786.00 Mn |
| Jun 30, 2022 | 804.00 Mn |
| Mar 31, 2022 | 801.00 Mn |
| Dec 31, 2021 | 807.00 Mn |
| Sep 30, 2021 | 817.00 Mn |
API Access
Telephone & Data Systems Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "TDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();