TDS Announces Third Quarter 2013 Dividend

                  TDS Announces Third Quarter 2013 Dividend

PR Newswire

CHICAGO, Aug. 22, 2013

CHICAGO, Aug. 22, 2013 /PRNewswire/ --The board of directors of Telephone and
Data Systems, Inc. [NYSE: TDS], a leading provider of telecommunications
services, has declared a third quarter 2013 dividend of $.1275 per Common
Share and Series A Common Share. Payment will be made on Sept. 30, 2013 to
shareholders of record as of Sept. 16, 2013.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides
wireless; broadband, TV and voice; and hosted and managed servicesto
approximately 6 million customers nationwide through its business units, U.S.
Cellular, TDS Telecom and TDS Hosted & Managed Services. Founded in 1969 and
headquartered in Chicago, TDS employed 10,700 people as of June 30, 2013.

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, (312) 592-5341,
julie.mathews@teldta.com
 
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