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TDS announces fourth quarter 2024 dividends

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CHICAGO, Nov. 26, 2024 /PRNewswire/ — The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared fourth quarter 2024 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares.

TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on December 31, 2024, to holders of record on December 16, 2024.

TDS is paying a quarterly dividend of $414.0625 per share on the company’s 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 per depositary share payable on December 31, 2024, to holders of record on December 16, 2024.

TDS is paying a quarterly dividend of $375.0000 per share on the company’s 6.000% Series VV Preferred shares; holders of depositary shares will receive $0.3750000 per depositary share payable on December 31, 2024, to holders of record on December 16, 2024.

The tickers for the TDS Common shares is “TDS”, the Series UU depositary shares is “TDSPrU” and the Series VV depositary shares is “TDSPrV”.

About TDS
Telephone and Data Systems, Inc. (TDS) provides wireless, broadband, video and voice to approximately 6 million connections nationwide through its businesses, UScellular and TDS Telecom. Founded in 1969 and headquartered in Chicago, TDS employed approximately 8,000 associates as of September 30, 2024.

Visit investors.tdsinc.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information and more.

For more information about TDS and its subsidiaries, visit:

TDS: www.tdsinc.com
UScellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com

View original content:https://www.prnewswire.com/news-releases/tds-announces-fourth-quarter-2024-dividends-302316679.html

SOURCE Telephone and Data Systems, Inc.

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Globe Telecom Builds on Long-Term Partnership with Vectra AI to Strengthen its Security Operations

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SINGAPORE, Nov. 27, 2024 /PRNewswire/ — Vectra AI, Inc., the leader in AI-driven XDR (extended detection and response) today announced the extension of its long-term partnership with Globe Telecom, the largest mobile network provider in the Philippines. This collaboration aims to bolster Globe Telecom’s cybersecurity operations across its network. Key improvements from this partnership have enabled Globe Telecom to reduce alert noise by 99% and significantly enhance its security posture, ensuring reliable services for over 80 million customers.

Leveraging Vectra AI’s solutions, Globe Telecom has cleared a fog of cyber threats across its extensive infrastructure within a year. The integration of AI-powered Attack Signal Intelligence™ provided detailed insights previously missed across its broader network, while the Network Detection and Response combined with CrowdStrike’s EDR offered complete visibility across both network and end-point activities.

After implementing Vectra AI’s solutions, Globe’s incident response time decreased to 3.5 hours, with a 99% reduction in noise and escalations.

Anton Bonifacio, Chief Information Security and Chief AI Officer at Globe Telecom, explains, “With Vectra in place, the light started to turn on. Its automation and filtering capabilities allowed us to focus on the most important threats, which made our team more efficient and effective in our response.”

With a clearer understanding of their network activity, Globe Telecom’s security team was able to maintain tighter control over their environment. Additionally, having a comprehensive view of east-west traffic and lateral movement allowed them to uncover hidden threats before any damage could occur.

Aylwin Lam, Regional Director for Vectra AI Asia, comments, “Ultimately, for security decision makers today, it’s about focusing on what’s urgent, by having the best view possible of the entire infrastructure and subsequent threats, assessed by severity and impact.”

As an extra layer of defence, Vectra’s MDR (Managed Detection and Response) service provided round-the-clock support, offering continuous alert management, threat hunting and expert analysis. With additional eyes on their network, Vectra MDR secured the frontline — enabling the Globe Telecom team to concentrate on high-priority alerts that demand immediate action.

“The MDR aspect was a key differentiator for us. Vectra’s MDR team and their threat-hunting expertise have been invaluable in helping us secure our environment,” Bonifacio said.

A recent Vectra AI report revealed that 73% of APAC security practitioners believe their organisations may have been compromised without their knowledge due to alert overload. Additionally, there is a growing disconnect between SOC practitioners and security vendors, with many (45%) expressing dissatisfaction with their current tools.

As for Globe Telecom, Bonifacio underscores the value of this collaboration, stating, “One thing that truly stands out about Vectra AI is the strong relationship we’ve built. They’ve always been a supportive partner, even during challenging times, and we really appreciate that.”

Lam concludes, “Vectra AI is proud to provide real-time visibility and MDR services to Globe Telecom, helping to eliminate threats and maintain reliable services for their 80 million customers.”

View original content:https://www.prnewswire.com/apac/news-releases/globe-telecom-builds-on-long-term-partnership-with-vectra-ai-to-strengthen-its-security-operations-302317113.html

SOURCE Vectra AI

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Panduit Corp. Expands Electrical Connectivity and Grounding Capabilities with New Manufacturing Facility in Monterrey, Mexico

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SINGAPORE, Nov. 27, 2024 /PRNewswire/ — Panduit Corp., a global leader in electrical and network infrastructure solutions, announces the strategic investment of a dedicated state-of-the-art manufacturing facility for its electrical connectivity and grounding capabilities in Monterrey, Mexico. The new 90,000 square-foot facility will further enhance the ability to deliver tailored electrical connectivity and grounding solutions to meet the growing demands of customers worldwide.

The new facility will focus on manufacturing a wide range of electrical connectivity products including wire termination-power connectors, terminals, and the advanced ReelSmart™ solution, as well as various grounding and bonding products. Additionally, Panduit will invest in new manufacturing equipment to expand capacity ̶ providing greater flexibility, quicker fulfillment, and streamlined processes. This strategic expansion aims to accelerate production and delivery timelines and provide customized solutions to address unique operational challenges.

“The strategic investment of a dedicated manufacturing facility will help us improve our lead times and availability for power and grounding products as well as give us the ability to more rapidly expand the portfolio offering for our customers,” said John Buck, Panduit Vice President, Industrial Electrical Infrastructure.

The Monterrey facility will play a key role in the mission to provide customers with exceptional electrical connectivity and grounding solutions that drive operational efficiency. Through its strategic location and advanced capabilities, Panduit aims to strengthen its global supply chain and better serve customers in various industries, from industrial manufacturing and renewable energy, to data centers and beyond.

About Panduit:

Since 1955, the Panduit culture of curiosity and passion for problem-solving have enabled more meaningful connections between companies’ business goals and their marketplace success. Panduit creates innovative electrical and network infrastructure solutions for enterprise-wide environments, from the data center to the telecom room, from the desktop to the plant floor. Headquartered in Tinley Park, IL, USA and operating in 112 global locations, Panduit has a proven reputation for quality and technology leadership, coupled with a robust partner ecosystem, to help support, sustain, and empower business growth in a connected world. For more information, visit www.panduit.com.

Logo – https://mma.prnewswire.com/media/1627318/Panduit_Logo.jpg

View original content:https://www.prnewswire.com/in/news-releases/panduit-corp-expands-electrical-connectivity-and-grounding-capabilities-with-new-manufacturing-facility-in-monterrey-mexico-302316266.html

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Yantai Launches the International Zero-Carbon Island Cooperation Initiative to the World

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BAKU, Azerbaijan, Nov. 26, 2024 /PRNewswire/ — On the morning of November 13, the release conference of the International Zero-Carbon Island Cooperation Initiative, hosted by the Ministry of Ecology and Environment of China and the People’s Government of Shandong Province, and organized by the Foreign Affairs Office of Shandong Province, the Department of Ecology and Environment of Shandong Province, and the Yantai Municipal Government, was successfully held at the China Pavilion during the COP29 in Baku, the capital of Azerbaijan.

Together with representatives of 32 domestic and international island cities, international organizations, academic institutions, financial institutions, and enterprises, Yantai called for global island stakeholders to strengthen cooperation with each other in enhancing climate resilience, exploring zero-carbon pathways, protecting resources and ecosystems and engaging in interactive exchanges, meanwhile trying to establish the Organization of International Zero-Carbon Island Cooperation in order to help the sharing of information, technologies and experiences of all sides and to build synergies for islands to cope with climate change and strive for sustainable development.

On November 15, the Yantai Municipal Government, in collaboration with the Foreign Environmental Cooperation Center of the Ministry of Ecology and Environment of China, the National Center for Climate Change Strategy and International Cooperation, co-hosted the High-Level Forum on South-South Cooperation on Climate Change.

The forum featured a discussion on “Best Practices in Global Climate Governance through Zero-Carbon Island Cooperation,” during which Mayor of Yantai Zheng Deyan delivered a keynote speech titled “Establishing an International Zero-Carbon Island Cooperation Organization for Closer Connections Between Global Islands.” He introduced the organization’s background, framework, and focus areas, emphasizing Yantai’s commitment to uniting international partners to enhance communication and partnership between global islands for their sustainable development.

View original content to download multimedia:https://www.prnewswire.com/news-releases/yantai-launches-the-international-zero-carbon-island-cooperation-initiative-to-the-world-302317124.html

SOURCE Yantai Municipal Government

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