<SEC-DOCUMENT>0001051512-15-000041.txt : 20150514
<SEC-HEADER>0001051512-15-000041.hdr.sgml : 20150514
<ACCEPTANCE-DATETIME>20150514151454
ACCESSION NUMBER:		0001051512-15-000041
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20150514
DATE AS OF CHANGE:		20150514
EFFECTIVENESS DATE:		20150514

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELEPHONE & DATA SYSTEMS INC /DE/
		CENTRAL INDEX KEY:			0001051512
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				362669023
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14157
		FILM NUMBER:		15862351

	BUSINESS ADDRESS:	
		STREET 1:		30 NORTH LASALLE STREET
		STREET 2:		STE 4000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
		BUSINESS PHONE:		3126301900

	MAIL ADDRESS:	
		STREET 1:		30 NORTH LASALLE STREET
		STREET 2:		STE 4000
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>tdsdefa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">UNITED
  STATES</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">SECURITIES
  AND EXCHANGE COMMISSION</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Washington,
  D.C. 20549</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.75pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:normal;">SCHEDULE
  14A</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:18.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
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<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:normal;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Proxy
  Statement Pursuant to Section 14(a) of</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">the
  Securities Exchange Act of 1934 (Amendment
  No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;)</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Filed by the Registrant </font><font color=black face=Wingdings style="font-size:9.0pt;line-height:normal;">x&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Filed by a Party other than the Registrant </font><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Check the appropriate box:</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Preliminary Proxy Statement</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Confidential, for Use of the Commission Only (as permitted by
  Rule 14a-6(e)(2))</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Definitive Proxy Statement</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">x</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Definitive Additional Materials</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Soliciting Material Pursuant to &#167;240.14a-12</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Telephone
  and Data Systems, Inc.</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(Name
  of Registrant as Specified In Its Charter)</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=6 width=86% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(Name
  of Person(s) Filing Proxy Statement, If other than the Registrant) </font></b></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=19% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=18% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td colspan=7 width=93% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Payment of Filing Fee (Check the appropriate box):</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">x</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">No fee required.</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Fee computed on table below per Exchange Act Rules 14a 6(i)(1)
  and 0-11.</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(1)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Title of each class of securities to which transaction applies:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(2)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Aggregate number of securities to which transaction applies:</font></p>
  </td>
 </tr>
<tr style="height:30.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(3)</font></p>
  </td>
 <td colspan=4 valign=top width=75% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Per unit price or other underlying value of transaction computed
  pursuant to Exchange Act Rule 0 11 (set forth the amount on which the filing
  fee is calculated and state how it was determined):</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:30.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(4)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Proposed maximum aggregate value of transaction:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(5)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Total fee paid:</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=4% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=6 valign=top width=89% style="background:white;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Fee paid previously with preliminary materials.</font></p>
  </td>
 </tr>
<tr style="height:39.75pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=4% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Wingdings style="font-size:10.0pt;line-height:normal;">&#168;</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Check box if any part of the fee is offset as provided by
  Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
  fee was paid previously. Identify the previous filing by registration
  statement number, or the Form or Schedule and the date of its filing.</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:39.75pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(1)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Amount Previously Paid:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(2)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Form, Schedule or Registration Statement No.:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(3)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Filing Party:</font></p>
  </td>
 </tr>
<tr style="height:24.0pt;">
  <td valign=bottom width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td width=4% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;&nbsp;</font></p>
  </td>
 <td valign=top width=7% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(4)</font></p>
  </td>
 <td colspan=5 valign=top width=82% style="background:white;border:none;height:24.0pt;padding:0in 0in 0in 0in;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">Date Filed:</font></p>
  </td>
 </tr>
</table></div>






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<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">EXPLANATORY
NOTE</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">The
purpose of this Schedule 14A is to file a press release issued by Telephone and
Data Systems, Inc. (&#8220;TDS&#8221;) on May 14, 2015.&#160; </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">IMPORTANT
INFORMATION:&nbsp; TDS and its directors, executive officers and other members
of its management and employees may be deemed to be participants in the
solicitation of proxies from the shareholders of TDS in connection with the TDS
2015 annual meeting of shareholders.&nbsp; Information regarding TDS directors
and executive officers and other participants that may be soliciting proxies on
behalf of the TDS board of directors and their respective interests in TDS by security
holdings or otherwise is set forth in TDS&#8217;s definitive proxy statement relating
to its 2015 annual meeting, as filed with the Securities and Exchange
Commission (&#8220;SEC&#8221;) on April 17, 2015.&nbsp; The 2015 proxy statement, other
solicitation material and other reports that TDS files with the SEC, when
available, can be obtained free of charge at the SEC&#8217;s web site at </font></b><b><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">www.sec.gov&nbsp;</font></u></b><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> or from TDS as provided on its
website at </font></b><b><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">www.tdsinc.com</font></u></b><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">.&nbsp; TDS
SHAREHOLDERS ARE ADVISED TO READ CAREFULLY THE PROXY STATEMENT AND OTHER
SOLICITATION MATERIAL FILED BY TDS IN CONNECTION WITH THE TDS 2015 ANNUAL
MEETING OF SHAREHOLDERS BEFORE MAKING ANY VOTING DECISION BECAUSE THEY CONTAIN
OR WILL CONTAIN IMPORTANT INFORMATION RELATING TO THE ELECTION OF DIRECTORS OF
TDS.</font></b></p>




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  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><img height=65 id="Picture 1" src="tdsdefa14a-x2x0.jpg" width=95>&nbsp;</p>
  </td>
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</table></div>



<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:normal;">FOR
IMMEDIATE RELEASE</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">ISS AND GLASS LEWIS
RECOMMEND TDS SHAREHOLDERS </font></b></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face=Arial,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">VOTE FOR TDS BOARD
NOMINEES</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">CHICAGO, (May 14, 2015) &#8211;
Telephone and Data Systems, Inc. [NYSE: TDS] announced today that Institutional
Shareholder Services (&#8220;ISS&#8221;) and Glass, Lewis &amp; Co., LLC (&#8220;Glass Lewis&#8221;),
the nation's two leading proxy advisory firms, recommend that TDS Common
shareholders vote &quot;FOR&quot; the Company&#8217;s nominees for the TDS Board of
Directors.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&#8220;We are very pleased that both
ISS and Glass Lewis have recommended in favor of our slate of highly qualified
Board Members,&#8221; said LeRoy T. Carlson, Jr., President and Chief Executive
Officer.&#160; &#8220;We strongly believe these nominees are best qualified to represent
our Common Shareholders as the Company works to create value for all shareholders.&#8221;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:.1in;margin-top:0in;"><b><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">ABOUT
TDS</font></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">Telephone and Data Systems, Inc., a Fortune 1000<sup>TM</sup>
company, provides wireless; wireline and cable broadband, TV and voice; and
hosted and managed services&nbsp;to approximately&nbsp;six&nbsp;million
customers nationwide through its business units, U.S. Cellular, TDS Telecom,
OneNeck IT Solutions, and BendBroadband. Founded in 1969 and headquartered in
Chicago, TDS employs 10,600 people. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Visit </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">tdsinc.com&nbsp;</font></u><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> for comprehensive financial
information, </font><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">including earnings releases, quarterly
and annual filings, shareholder information and more. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Contacts&#160; </font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Jane W. McCahon, Vice President,
Corporate Relations</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">312-592-5379 </font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">jane.mccahon@tdsinc.com&nbsp;</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Julie D. Mathews, Manager,
Investor Relations</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">312-592-5341
</font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">julie.mathews@tdsinc.com&nbsp;</font></u></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:.1in;margin-top:0in;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:.1in;margin-top:0in;"><b><i><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Safe
Harbor Statement Under the Private Securities Litigation Reform Act of 1995:</font></i></b><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;"> All information
set forth in this news release, except historical and factual information,
represents forward-looking statements. This includes all statements about the
company&#8217;s plans, beliefs, estimates, and expectations. These statements are
based on current estimates, projections, and assumptions, which involve certain
risks and uncertainties that could cause actual results to differ materially
from those in the forward-looking statements. Important factors that may affect
these forward-looking statements include, but are not limited to: impacts of
any pending acquisition and divestiture transactions,&#160; including, but not
limited to, the ability to obtain regulatory approvals, successfully complete
the transactions and the financial impacts of such transactions; the ability of
the company to successfully manage and grow its markets; the overall economy;
competition; the access to and pricing of unbundled network elements; the
ability to obtain or maintain roaming arrangements with other carriers on
acceptable terms; the state and federal telecommunications regulatory
environment; the value of assets and investments; adverse changes in the
ratings afforded TDS and U.S. Cellular debt securities by accredited ratings
organizations; industry consolidation; advances in telecommunications
technology; uncertainty of access to the capital markets;&nbsp; pending and
future litigation; changes in income tax rates, laws, regulations or rulings;
acquisitions/divestitures of properties and/or licenses; changes in customer
growth rates, average monthly revenue per user, churn rates, roaming revenue
and terms, the availability of wireless devices, or the mix of products and
services offered by U.S. Cellular and TDS Telecom. Investors are encouraged to
consider these and other risks and uncertainties that are discussed in
documents furnished to the SEC.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:.1in;margin-top:0in;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:.1in;margin-top:0in;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">For
more information about TDS and its subsidiaries, visit the web sites at:</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;line-height:normal;">TDS:&#160;
</font><u><font color=blue face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;line-height:normal;">www.tdsinc.com&nbsp;</font></u><font color=windowtext face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; TDS
Telecom: </font><u><font color=blue face="Times New Roman,serif" lang=PT-BR style="font-size:10.0pt;line-height:normal;">www.tdstelecom.com&nbsp;</font></u></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">USM: </font><u><font color=blue face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">www.uscellular.com&nbsp;</font></u><font color=windowtext face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</font><font color=windowtext face=Calibri,sans-serif lang=PT-BR style="font-size:10.0pt;line-height:normal;text-decoration:none;">OneNeck IT Solutions: </font><u><font color=blue face=Calibri,sans-serif lang=PT-BR style="font-size:10.0pt;line-height:normal;">www.oneneck.com&nbsp;</font></u></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=NL style="font-size:10.0pt;line-height:normal;">&nbsp;</font></p>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">IMPORTANT
INFORMATION: </font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><i><font color=#1F497D face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></i></b></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">The foregoing
information is not a solicitation of a proxy from any TDS shareholder.&nbsp;
This is being done only pursuant to a definitive proxy statement.&nbsp;
Additional information relating to the foregoing is included in TDS' proxy
materials filed with the SEC and distributed to shareholders.&nbsp; INVESTORS
AND SECURITY HOLDERS ARE ADVISED TO READ SUCH MATERIALS BECAUSE THEY CONTAIN
IMPORTANT INFORMATION. Shareholders and other investors may access such
materials without charge at the SEC's web site (</font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">www.sec.gov</font></u><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">)
and on the TDS web site (</font><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">www.tdsinc.com</font></u><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:115%;">)
in the Investor Relations section on the SEC filings page. In addition,
shareholders may obtain free copies of the proxy materials by contacting TDS&#8217;
proxy solicitor, MacKenzie Partners at (800) 322-2885.&nbsp; TDS and its
executive officers and directors may be deemed to be participants in the
solicitation of proxies from TDS shareholders on behalf of the TDS board of
directors in connection with the foregoing.&nbsp; Information concerning such
participants and their respective direct or indirect interests in TDS by
security holdings or otherwise is included in TDS&#8217; definitive proxy statement. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:2.0pt;line-height:normal;">&nbsp;</font></p>




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