News Details

TDS Announces Fourth Quarter 2009 Dividend

11/19/2009

CHICAGO, Nov. 19 /PRNewswire-FirstCall/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS, TDS.S), a leading provider of telecommunications services, has declared a fourth quarter 2009 dividend of $.1075 per Common Share, Special Common Share and Series A Common Share. Payment will be made on Dec. 30, 2009 to shareholders of record on Dec. 17, 2009.

TDS® has paid cash dividends on its common stock since 1974, and has 35 consecutive years of annual common dividend increases.

About TDS

Telephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides wireless, local and long-distance telephone, and broadband services to approximately 7.3 million customers in 36 states through its business units, U.S. Cellular (wireless) and TDS Telecom (wireline). Founded in 1969 and headquartered in Chicago, TDS employed 12,300 people as of Sept. 30, 2009.

Visit www.teldta.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information, and more. For more information about its subsidiaries, visit the Web sites at:

USM: www.uscellular.com

TDS Telecom: www.tdstelecom.com

SOURCE Telephone and Data Systems, Inc.

Julie D. Mathews, Manager, Investor Relations of Telephone and Data Systems, Inc., +1-312-592-5341, julie.mathews@teldta.com