TDS announces first quarter 2018 dividend; 3% dividend increase in 2018

CHICAGO, Feb. 23, 2018 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared a first quarter 2018 dividend of $0.16 per Common Share and Series A Common Share. Payment will be made on March 29, 2018, to shareholders of record as of March 16, 2018.

In conjunction with our Annual Report, TDS has produced a short "Letter to Shareholders" video that highlights the collective achievements across the TDS family of businesses in 2017, and the company's strategic plans for 2018. The video will be released on investors.tdsinc.com, on Friday, March 2, 2018.

About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000^® company, provides wireless; cable and wireline broadband, TV and voice; and hosted and managed services to over 6 million connections nationwide through its businesses, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, and BendBroadband.  Founded in 1969 and headquartered in Chicago, TDS employed 9,900 people as of December 31, 2017.

For more information about TDS and its subsidiaries, visit:

TDS: www.tdsinc.com 
U.S. Cellular: www.uscellular.com 
TDS Telecom: www.tdstelecom.com 
OneNeck IT Solutions: www.oneneck.com

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SOURCE Telephone and Data Systems, Inc.