CHICAGO, Nov. 7 /PRNewswire-FirstCall/ -- The board of directors of Telephone and Data Systems, Inc. (Amex: TDS, TDS.S), a leading provider of telecommunications services, has declared a fourth-quarter 2005 dividend of $.0875 per Common Share, Special Common Share and Series A Common Share. Payment will be made on Dec. 30, 2005, to shareholders of record on Dec. 16, 2005.

Telephone and Data Systems, Inc., a FORTUNE 500 company, is a diversified telecommunications corporation founded in 1969. Through its strategic business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless, local telephone and broadband services. TDS builds value for its shareholders by providing excellent communications services in growing, closely related segments of the telecommunications industry. As of June 30, 2005, the company employed 11,600 people and served 6.4 million customers/units in 36 states.

More information is available at: http://www.teldta.com .

SOURCE Telephone and Data Systems, Inc.

CONTACT:
Julie D. Mathews
Manager, Investor Relations
Telephone and Data Systems, Inc.
312-592-5341
julie.mathews@teldta.com