TDS Announces First Quarter 2013 Dividend

                  TDS Announces First Quarter 2013 Dividend

Increases dividend for the 39th consecutive year

PR Newswire

CHICAGO, Feb. 26, 2013

CHICAGO, Feb. 26, 2013 /PRNewswire/ --The board of directors of Telephone and
Data Systems, Inc. [NYSE: TDS], a leading provider of telecommunications
services, has declared a first quarter 2013 dividend of $.1275 per Common
Share and Series A Common Share. Payment will be made on March 29, 2013 to
shareholders of record as of March 15, 2013.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides
wireless; broadband, TV and voice; and hosted and managed services to
approximately 7 million customers in 36 states through its business units,
U.S. Cellular, TDS Telecom and TDS Hosted & Managed Services. Founded in 1969
and headquartered in Chicago, TDS employed 12,300 people as of Dec. 31, 2012.

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SOURCE Telephone and Data Systems, Inc.

Contact: Julie D. Mathews, Manager, Investor Relations, +1-312-592-5341,
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