
TDS: Forbes names parent company of Wisconsin data center services provider a “Most Trustworthy Company”
5/25/2012
DeAnne Boegli,
National Public Relations Manager
TDS Telecommunications Corp.
608-664-4428
deanne.boegli@tdstelecom.com
TDS: Forbes names parent company of Wisconsin data center services provider a “Most Trustworthy Company”
MADISON, Wis.,(May 25, 2012) — TEAM Companies, one of the Midwest’s leading Tier III data center and cloud computing services providers, today announced that its parent company, Telephone and Data Systems, Inc. made Forbes’ list of the America’s Most Trustworthy Companies in the mid-cap category. The list identifies the most transparent and trustworthy businesses that trade on American exchanges.
Forbes partners with GMI Rating (GMI), a global corporate governance research agency, to produce the annual list. GMI’s quantitative and qualitative analysis looks beyond the raw data on companies’ income statements and balance sheets to assess the true quality of corporate accounting and management practices.
GMI finds that its 100 Most Trustworthy Companies have consistently demonstrated transparent and conservative accounting practices and solid corporate governance and management. They do not play games with revenue and expense recognition, or with asset valuation.
To create the list, GMI examines more than 8,000 companies traded on U.S. exchanges. Every three months it assigns each company an accounting and governance risk score (AGR) based on proprietary modeling designed to identify practices that historically have had a high correlation with increasing shareholder risk.
“It’s an honor to be part of Telephone and Data Systems,” said Terry Swanson, CEO for TEAM Companies, a TDS company. “Our customers trust us with their mission-critical infrastructure each and every day. This recognition from Forbes highlights our commitment to integrity.”
About TEAM Companies:
TEAM works closely with its sister companies, VISI and OneNeck® IT Services, to support the IT needs of Midwest businesses as part of TDS Hosted & Managed Services, LLC (TDS HMS) operations. TEAM was acquired by TDS in Dec. 2010. TEAM operates three data centers in Madison, Wis., Cedar Falls and Des Moines, Iowa. VISI operates two data centers located in Eden Prairie and St. Paul, Minn. OneNeck®, headquartered in Arizona, is a global leader for hosted application management, ERP system support, and infrastructure services. They have three data center locations in the U.S. and joined TDS in June 2011. Together, TEAM, VISI, and OneNeck form TDS HMS.
