TELEPHONE AND DATA SYSTEMS, INC. (NYSE:TDE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

TELEPHONE AND DATA SYSTEMS, INC. (NYSE:TDE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

Telephone and Data Systems, Inc. Incentive Plan

At the Annual Meeting of shareholders of Telephone and Data
Systems, Inc. (TDS) held on May 25, 2017 (Annual Meeting), based
on the below voting results, the shareholders of TDS approved the
TDS Incentive Plan (Incentive Plan).

TDS requested shareholders to approve the Incentive Plan,
including the material terms of the performance measures to be
used for certain incentive compensation awards under the plan, so
that certain compensation paid under the plan may qualify as
performance-based compensation and be deductible under
Section162(m) of the Internal Revenue Code.

Other terms of the Incentive Plan, including material terms of
performance goals to be used under such plan, are set forth under
Proposal 3 of the TDS definitive proxy statement dated April 12,
2017, as filed with the SEC on Schedule 14A on April 12, 2017,
which are incorporated by reference herein.

The foregoing description is qualified in its entirety by
reference to the Incentive Plan, which is included as Exhibit
10.1 to this Form 8-K and incorporated by reference into this
Item 5.02.

TDS Telecom Leadership Transition

On May 30, 2017, TDS issued a press release announcing that David
A. Wittwer, a named executive officer of TDS, will retire as
President and CEO of TDS Telecommunications Corporation, a
subsidiary of TDS, effective at the end of 2017. A copy of such
press release is attached hereto as Exhibit 99.1 and is
incorporated by reference into this Item 5.02. Mr. Wittwer will
continue to serve as a member of the TDS Board of Directors.

Item 5.07. Submission of Matters to a Vote of Security Holders

At the Annual Meeting of Shareholders on May 25, 2017, the
following number of votes were cast for the matters indicated.

1. Election of Directors.

The following directors received the following votes and were
elected:

1. For the election of eight Directors of TDS by the holders of
   Series A Common Shares and Preferred Shares:

	Nominee	For	Withhold	Broker Non-vote
LeRoy T. Carlson, Jr.	71,445,922	–	688,850
Letitia G. Carlson, M.D.	71,445,922	–	688,850
Prudence E. Carlson	71,445,922	–	688,850
Walter C.D. Carlson	71,445,922	–	688,850
Kenneth R. Meyers	71,445,922	–	688,850
George W. Off	71,445,922	–	688,850
Christopher D. OLeary	71,445,922	–	688,850
David A. Wittwer	71,445,922	–	688,850

2. For the election of four Directors of TDS by the holders of
   Common Shares:

	Nominee	For	Withhold	Broker Non-vote
Clarence A. Davis	81,570,248	11,192,733	4,590,598
Kim D. Dixon	80,954,856	11,808,125	4,590,598
Mitchell H. Saranow	77,528,048	15,234,933	4,590,598
Gary L. Sugarman	81,468,983	11,293,998	4,590,598

TELEPHONE AND DATA SYSTEMS, INC. (NYSE:TDE) Recent Trading Information
TELEPHONE AND DATA SYSTEMS, INC. (NYSE:TDE) closed its last trading session 00.00 at 25.57 with 14,371 shares trading hands.