Dividend rate increases 5%
CHICAGO, March 12 /PRNewswire-FirstCall/ -- The board of directors of Telephone and Data Systems, Inc. (AMEX:TDS), a leading provider of telecommunications services, has declared a first quarter 2008 dividend of $.1025 per Common Share, Special Common Share and Series A Common Share. Payment will be made on April 7, 2008 to shareholders of record on March 24, 2008.
TDS has paid cash dividends on its common stock since 1974.
About TDS
TDS provides wireless, local and long-distance telephone, and broadband services to more than 7.3 million customers in 36 states through its business units, U.S. Cellular (wireless) and TDS Telecom (wireline). Founded in 1969 and headquartered in Chicago, TDS employed 11,800 people as of year end.
For more information about TDS and its subsidiaries, visit the Web sites at: TDS: http://www.teldta.com/ TDS Telecom: http://www.tdstelecom.com/ USM: http://www.uscellular.com/ DATASOURCE: Telephone and Data Systems, Inc.
CONTACT: Julie D. Mathews, Manager, Investor Relations, Telephone and Data Systems, Inc., +1-312-592-5341, Web site: http://www.teldta.com/ http://www.tdstelecom.com/ http://www.uscellular.com/
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