Telephone & Data Systems Management Discusses Q1 2012 Results - Earnings Call Transcript

May 4, 2012 10:30 AM ET

Call Start: 10:30

Call End: 11:18

Telephone & Data Systems, Inc. (TDS)

Q1 2012 Earnings Call

Executives

Jane McCahon – VP, Corporate Relations

Ken Meyers – EVP and CFO

Mary Dillon – President and CEO, U.S. Cellular

Steve Campbell – EVP and CFO, U.S. Cellular

Vicki Villacrez – VP, Finance and CFO, TDS Telecom

Alan Ferber – Chief Brand and Strategy Officer

Analysts

Simon Flannery – Morgan Stanley

Ric Prentiss – Raymond James

James Moorman – S&P Capital

Sergey Dluzhevskiy – Gabelli & Company

Stephen Mead – Anchor Capital Advisors

Michael Rollins – Citi

Presentation

Operator

Greetings and welcome to the TDS and US Cellular First Quarter Operating Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Ms. Jane McCahon, Vice President of Corporate Relations for TDS. Thank you. You may begin.

Jane McCahon

Thank you, Louis. Good morning, and thanks everyone for joining us. I want to make you are all aware of the quarterly conference call presentation we’ve prepared to accompany our comments this morning, which you can find on the Investor Relations pages of the TDS and U.S. Cellular websites.

With me today and offering prepared comments are from TDS, are Ken Meyers, Executive Vice President and CFO; from U.S. Cellular, Mary Dillon, President and Chief Executive Officer; Steve Campbell, Executive Vice President and CFO; and from TDS Telecom, Vicki Villacrez, Vice President, Finance and CFO.

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