Telephone and Data Systems, Inc.
TDS corporate headquarters, Chicago, Ill.
U.S. Cellular current operations
U.S. Cellular market to be launched in 2005 (St.Louis, Mo.)
TDS Telecom operations
About Telephone and Data Systems
Our Mission
Driving Profitable Growth

Telephone and Data Systems, Inc.,
 a FORTUNE 500 company, is a diversified telecommunications corporation founded in 1969 and headquartered in Chicago, Ill. Through its strategic business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless and fixed telecommunications service. TDS builds value for its shareholders by providing excellent communications services in growing, closely related segments of the telecommunications industry. The company employs 11,500 people and serves 6.1 million wireless and wireline customers in 36 states. TDS is traded on the American Stock Exchange (AMEX) under the stock ticker TDS. More information on TDS can be found on the company’s web site at www.teldta.com.


Our Mission:
To provide outstanding communication services to our customers and meet the needs of our shareholders, our people and our communities.


U.S. Cellular

U.S. Cellular is TDS’s 82-percent owned wireless telephone subsidiary. The seventh largest wireless service provider in the United States, U.S. Cellular serves 4.9 million customers in 146 markets in 25 states. The Chicago-based company operates on a customer-satisfaction strategy, meeting customer needs by providing a comprehensive range of wireless products and services, superior customer support and a high-quality network. U.S. Cellular is traded on the American Stock Exchange (AMEX) under the stock ticker USM. More information on U.S. Cellular is available at www.uscellular.com.


TDS Telecom

TDS Telecom is TDS’s wholly owned wireline telecommunications subsidiary headquartered in Madison, Wis. With nearly 1.2 million access line equivalents, TDS Telecom provides high-quality, locally based telecommunications services to rural and suburban communities in 30 states. TDS Telecom’s Incumbent Local Exchange Carrier (ILEC) operations serve 730,400 access line equivalents in 28 states. TDS Telecom’s Competitive Local Exchange Carrier (CLEC) operates under the brand TDS Metrocom and serves 426,800 access line equivalents in five states. More information on TDS Telecom and TDS Metrocom is available at www.tdstelecom.com and www.tdsmetro.com.


Driving Profitable Growth

TDS places a great deal of emphasis on profitable growth. TDS’s 2004 annual report highlights the various ways U.S. Cellular and TDS Telecom are driving profitable growth today to ensure TDS’s continued success tomorrow. Integral to the company’s success and a key growth driver for both U.S. Cellular and TDS Telecom is their focus on satisfying their customers—both current customers and those in the future. This customer focus is what differentiates both companies from their competition, and has proven an effective strategy since TDS’s beginnings.
   

     Telephone and Data Systems, Inc. 30 N. LaSalle Street Suite 4000 Chicago, IL 60602 Tel: 312.630.1900 Fax: 312.630.1908 www.teldta.com