Telephone and Data Systems

Provides telephone, cellular and broadband service.

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30 N. LaSalle Street, Suite 4000
Chicago, IL 60602
Employees: 11,500
CEO: LeRoy Carlson Jr.
Stock Symbol: TDS


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Telephone and Data Systems, Inc., (TDS) is a telecommunications company that provides wireless, telephone and broadband services to more than 6 million customers in 36 states through its business units U.S. Cellular and TDS Telecom.

U.S. Cellular is the sixth largest cellular phone service in the nation with 5 million customers. Its largest service market is Chicago, followed by St. Louis.

TDS owns 82 percent of U.S. Cellular, which is also traded on the American Stock Exchange under the ticker "USM."

TDS Telecom, a wholly owned subsidiary of TDS, is a telecommunications company offering choices for local, long-distance, broadband and entertainment solutions. The company serves rural and suburban communities in 30 states across the nation through its incumbent local exchange carrier (ILEC) business as well as through its competitive local exchange carrier (CLEC) business, which operates under the brand TDS Metrocom.

Suttle-Straus, Inc. is a full-service printing and communications company in Waunakee, WI that offers customers a wide range of services. TDS owns 80 percent of Suttle-Straus.

In 2004, TDS had $3.7 billion in revenues and net income of $48.8 million.


TDS began operations in 1969 as a provider of local wireline telephone services by LeRoy Carlson and consists of 10 small, rural-Wisconsin telephone companies.

The company is renamed Telephone and Data Systems, Inc., in 1970 as founder LeRoy Carlson foresees the critical role that digital data will play in the telecommunications industry.

TDS began trading on the American Stock Exchange in 1981.

U.S. Cellular is founded as a cellular-telephone-service subsidiary of TDS in 1983.


TDS provides a competitive salary and comprehensive benefit package including: medical, dental, disability, vision, term life insurance, pension and 401(k) contributions, flexible spending account, stock purchase plans, and excellent training opportunities and education reimbursement.

Benefits include:

- Broad insurance plan.
- Flexible spending account (medical and child/dependent care expenses).
- Direct deposit of payroll checks.
- Paid vacation, personal days, holidays and sick time.
- Medical and non-medical leaves, including family medical leave.
- Company-funded pension plan.
- 401(k) plan for retirement savings.
- Employee stock purchase plans at discounted market value.
- Flexible hours; casual dress.
- Career planning, education and training opportunities.
- Employee Assistance and Wellness Programs.
- Discounts for personal computer, new cars, fitness centers and Sam's Club memberships, restaurants, entertainment, travel, etc.
- Community outreach program.

Updated January 16, 2006

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