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Bank of New York Mellon Corp Sells Shares of Telephone and Data Systems Inc.

March 16, 2025
Telecom company TDS Telephone and Data Systems Inc. (NYSE: TDS) recently faced a significant change in its shareholding as Bank of New York Mellon Corp sold 288,408 shares of the company. While the reasons behind this move remain undisclosed, it has generated curiosity among investors and analysts alike. TDS has a strong position in the telecommunications industry and has been making steady progress in expanding its services. With this development, market experts are recommending investors to seek professional advice from Stocks Prognosis to assess the potential impact on TDS's shares and devise a smart investment strategy.
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