CHICAGO, May 24, 2018 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. TDS, a leading provider of telecommunications services, has declared a second quarter 2018 dividend of $0.16 per Common Share and Series A Common Share. Payment will be made on June 29, 2018 to shareholders of record as of June 15, 2018.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000^® company, provides wireless; cable and wireline broadband, TV and voice; and hosted and managed services to approximately 6 million connections nationwide through its businesses, U.S. Cellular, TDS Telecom, BendBroadband and OneNeck IT Solutions. Founded in 1969 and headquartered in Chicago, TDS employed 9,900 people as of March 31, 2018.

 For more information about TDS and its subsidiaries, visit:

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.