<SEC-DOCUMENT>0000812291-19-000020.txt : 20190918
<SEC-HEADER>0000812291-19-000020.hdr.sgml : 20190918
<ACCEPTANCE-DATETIME>20190918114410
ACCESSION NUMBER:		0000812291-19-000020
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190916
FILED AS OF DATE:		20190918
DATE AS OF CHANGE:		20190918

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MIZUHO SECURITIES USA LLC
		CENTRAL INDEX KEY:			0000812291
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14157
		FILM NUMBER:		191098947

	BUSINESS ADDRESS:	
		STREET 1:		320 PARK AVENUE
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-209-9386

	MAIL ADDRESS:	
		STREET 1:		320 PARK AVENUE
		STREET 2:		12TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	FORMER NAME:	
		FORMER CONFORMED NAME:	MIZUHO SECURITIES USA INC.
		DATE OF NAME CHANGE:	20170406

	FORMER NAME:	
		FORMER CONFORMED NAME:	MIZUHO SECURITIES USA LLC
		DATE OF NAME CHANGE:	20170404

	FORMER NAME:	
		FORMER CONFORMED NAME:	MIZUHO SECURITIES USA INC.
		DATE OF NAME CHANGE:	20020321

ISSUER:		

	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

	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>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2019-09-16</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001051512</issuerCik>
        <issuerName>TELEPHONE &amp; DATA SYSTEMS INC /DE/</issuerName>
        <issuerTradingSymbol>TDS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000812291</rptOwnerCik>
            <rptOwnerName>MIZUHO SECURITIES USA LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>320 PARK AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>12TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Remarks</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>No securities are beneficially owned.

On September 16 2019 the Reporting Person entered into master securities loan agreements with each lender party signatory thereto (collectively the MSLAs) pursuant to which the Reporting Person borrowed an aggregate total of 20934700 shares of common stock of the Issuer which caused the Reporting Person to become a greater than ten percent owner with respect to the Issuer.  On September 17 2019 the Reporting Person returned 20934700 shares of the Issuer pursuant to the MSLAs.  Following the return of the borrowed shares the Reporting Person was no longer a greater than ten percent owner with respect to the Issuer.  To the extent the Reporting Person is entitled to receive any dividends with respect to the previously borrowed shares of the Issuer, such dividends will be subject to the terms and conditions of the MSLAs.  The Reporting Person disclaims beneficial ownership of the previously borrowed shares of the Issuer for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934 as amended.</remarks>

    <ownerSignature>
        <signatureName>Gregory Doig</signatureName>
        <signatureDate>2019-09-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
