Looking Forward
TDS companies have many
initiatives in place to support the company’s
strategy to grow profitably through providing superior
customer satisfaction.
U.S.
Cellular
- Is solidly positioning
itself in the markets launched over the past
three years, aiming for increased market share
of quality customers
- Plans to launch
service in St. Louis in 2005
- Is enhancing the
easyedge
line of data services
- Seeks to sustain
a continued low post-pay churn
rate
- Is continuing to
improve its outstanding network
TDS
Telecom
- Is positioning
itself as the broadband provider of choice and
plans to successfully launch video services
in its three trial markets
- Seeks to achieve
greater penetration and share of the high-speed
data market
- Aims to significantly
grow TDS Metrocom’s customer base
- Is continuing to
make significant productivity improvements
- Is actively promoting
public policy that protects universal service
and provides a level playing field for TDS Metrocom
Corporate
- Seeks to further
improve resource-allocation processes to enhance
long-term value creation
- Aims to maintain
investment-grade credit ratings
- Seeks to maintain
sufficient liquidity for business units to pursue
strategic opportunities
The TDS companies are
well positioned to achieve their objectives and
to be successful in the future. We have targeted,
proven strategies in place to drive profitable growth.
Our management teams are seasoned and effective
in telecommunications. Our people are customer-focused,
dedicated and committed to excellence. Together,
everyone in the entire TDS group of companies is
building on the strong momentum the company generated
in 2004.
We thank our 11,500 associates and employees for
making TDS the strong company it is today through
their teamwork, integrity, thoughtfulness and creativity.
We thank each of our customers for their business
and loyalty, and we look forward to serving them
even more effectively. We, of course, also thank
you, our equity owners, as well as our debt holders,
for your support for the company’s work. Thank
you all.
Cordially yours, 
LeRoy T. Carlson, Jr.
President and Chief Executive Officer
Walter C.D. Carlson
Chairman of the Board
|
Download Letter to Shareholders