During the year, U.S. Cellular sold several non-strategic operating assets in southern Texas to AT&T Wireless—now Cingular Wireless—as well as properties in Florida and Ohio to ALLTEL Communications, Inc. and MetroPCS, Inc.

In 2005, U.S. Cellular will introduce service to customers in St. Louis, while continuing to broaden coverage and enhance service to customers throughout our markets.

In February 2005, Carroll Wireless, L.P., in which U.S. Cellular is a limited partner, was the winning bidder for 17 licensed areas in the auction of wireless spectrum designated by the Federal Communications Commission as Auction 58. All of these licenses complement U.S. Cellular's existing footprint.

Chicago-based U.S. Cellular Corporation is a super-regional wireless company focused on providing the very best in customer satisfaction. The company serves more than 4.9 million customers in 146 markets in 25 states. Company-wide, U.S. Cellular employs more than 7,400 associates.

U.S. Cellular maintains one of the industry's highest levels of customer satisfaction, meeting customer needs by providing a comprehensive range of wireless products and services, a superior network and outstanding customer support.

The company takes pride in being a responsible corporate citizen in the communities it serves through charitable contributions, award-winning community relations programs, associate volunteer activities and a company-wide United Way campaign.

U.S. Cellular's common shares are traded on the American Stock Exchange under the symbol USM. U.S. Cellular is a business unit of Telephone and Data Systems, Inc., which owns 82 percent of the company and is traded on the American Stock Exchange under the symbol TDS.