TELEPHONE & DATA SYSTEMS INC: OAKTREE CAPITAL MANAGEMENT LP discloses a stake of more than 5% (Schedule 13G)
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Oaktree Capital Management LP disclosed a stake of more than 5% in Telephone & Data Systems Inc. via a Schedule 13G filing with the SEC (accession 0001140361-26-043867). The filing signals that the distressed-debt specialist has crossed the 5% passive-investment threshold in the regional wireless and broadband operator. The exact share count and percentage were not specified in the headline disclosure. The move puts Oaktree among TDS's largest holders and comes as the company's shares remain sensitive to the performance of its U.S. Cellular unit. Watch for an amended 13G or 13D that clarifies the precise position size and whether Oaktree intends an activist role.
Muhabbit's AI wrote this summary in its own words from SEC EDGAR SCHEDULE 13G's report. It can get details wrong, so check the source.
Named in this story
Telephone & Data Systems Inc, Oaktree Capital Management LP