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.

Visit www.teldta.com for comprehensive financial information, including
earnings releases, quarterly and annual filings, shareholder information, and
more. Find us at facebook.com/telephoneanddatasystems. Follow us on
twitter.com/tdscorporate. For more information about our subsidiaries, visit
their websites at:

USM: www.uscellular.com TDS Telecom: www.tdstelecom.com

SOURCE Telephone and Data Systems, Inc.

Website: http://www.teldta.com
Contact: Julie D. Mathews, Manager, Investor Relations, +1-312-592-5341,
julie.mathews@teldta.com