CHICAGO, Nov. 16, 2012 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. [NYSE: TDS], a leading provider of telecommunications services, has declared a fourth quarter 2012 dividend of $0.1225 per Common Share and Series A Common Share. Payment will be made on Dec. 28, 2012 to shareholders of record as of Dec. 17, 2012. About TDSTelephone and Data Systems, Inc. (TDS), a Fortune 500® company, provides wireless, local and long-distance telephone, and broadband services to approximately 7 million customers in 36 states through its business units, U.S. Cellular (wireless) and TDS Telecom (wireline). Founded in 1969 and headquartered in Chicago, TDS employed 12,300 people as of Sept. 30, 2012. Visit www.teldta.com for comprehensive financial information, including earnings releases, quarterly and annual filings, shareholder information, and more. For more information about TDS and its subsidiaries, visit: USM: www.uscellular.com TDS Telecom: www.tdstelecom.com SOURCE Telephone and Data Systems, Inc.