Financial Highlights
(As of Dec.31, 2008)




Comparison of Cumulative Five-Year Total Returns*

TDS, S&P 500, Dow Jones U.S. Telecommnunications Index
(Performance Results Through 12/31/08)





TDS™ Enterprise

  • Provides wireless, wireline, and broadband services to 7.4 million customers in 36 states
  • Operating revenues up 5.4 percent to $5.1 billion
  • Operating income of $128 million
  • Operating cash flows of $849 million
  • Repurchased 5,861,822 TDS common and TDS special common shares
  • Dividends paid for 34 consecutive years


US Cellular®

  • Nation’s fifth-largest, full-service wireless provider, with 6.2 million customers in 26 states
  • Services revenues up 7.1 percent to $3.9 billion
  • Data revenues up 39 percent to $512 million
  • ARPU (average revenue per unit) up 4 percent to $53.23
  • $923 million in cash flows from operating activities
  • 1.5 percent retail postpay customer churn rate


TDS Telecom®

  • Operating income of $142 million
  • 24 percent increase in ILEC DSL (digital subscriber line) accounts; 17 percent increase in total DSL accounts (ILEC and CLEC)
  • ILEC DSL revenue up 23 percent to $90 million
  • 1,169,700 total access lines (ILEC and CLEC)
  • 5 percent decrease in total operating expenses (ILEC and CLEC)