TDS named to Fortune 500

CHICAGO, June 7, 2016 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, announced today that the company has been named to the Fortune 500, Fortune's annual list of the largest corporations in the United States ranked by revenue.

"TDS is honored to earn membership on the Fortune 500, which is a reflection of the exceptional efforts of the associates and employees of TDS, and its business units, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, Bend Broadband and Suttle-Straus achieved in 2015," said LeRoy T. Carlson Jr., TDS president and CEO.

With $5.12 billion of total operating revenues in 2015, TDS made the #496 ranking on the list.

The Company's last appearance on the list was in 2013. Before that, TDS had been a member of the Fortune 500 for ten years.

About TDSTelephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides wireless; cable and wireline broadband, TV and voice; and hosted and managed services to approximately 6 million customers nationwide through its businesses, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, and BendBroadband. Founded in 1969 and headquartered in Chicago, TDS employed 10,600 people as of March 31, 2016.

Visit investors.teldta.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information, and more. Find us at facebook.com/telephoneanddatasystems. Follow us on twitter.com/tdscorporate. For more information about our subsidiaries, visit their websites at:

TDS: www.tdsinc.comU.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