TDS declares 41st consecutive year of dividend increases; Increases dividend rate 5.2 percent

CHICAGO, Feb. 25, 2015 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. TDS, a leading provider of telecommunications services, has declared a first quarter 2015 dividend of $0.141 per Common Share and Series A Common Share. Payment will be made on March 31, 2015, to shareholders of record as of March 16, 2015.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000^TM company, provides wireless; wireline and cable broadband, TV and voice; and hosted and managed services to approximately 6.0 million customers nationwide through its business units, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, Baja Broadband and BendBroadband. Founded in 1969 and headquartered in Chicago, TDS employed 10,600 people as of Dec. 31, 2014.

Visit investors.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:

TDS: www.tdsinc.com
U.S. Cellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com
OneNeck IT Solutions: www.oneneck.com

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SOURCE Telephone and Data Systems, Inc.