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May 8, 2015

VIA EDGAR, FACSIMILE AND ELECTRONIC MAIL

Nicholas P. Panos

Senior Special Counsel

United States Securities and Exchange Commission

Division of Corporation Finance

Office of Mergers & Acquisitions

100 F Street, N.E.

Washington, D.C. 20549

Re: TELEPHONE AND DATA SYSTEMS, INC.

Definitive Proxy Statement on Schedule 14A

Filed by GAMCO Asset Management Inc.,

Mario J. Gabelli, Philip T. Blazek and

Walter M. Schenker

File No. 001-14157

Dear Mr. Panos:

We acknowledge receipt of the verbal recommendations from the Staff (the “Staff”) of the U.S. Securities and Exchange Commission on May 8, 2015 (the “Staff Recommendations”), in connection with the above-referenced Definitive Proxy Statement (the “Proxy Statement”) filed by GAMCO Asset Management, Inc., and the other participants in the solicitation, with respect to Telephone and Data Systems, Inc. (the “Company”).  We have informed our client about the Staff Recommendations and implemented the Staff Recommendations, which consist of the following: (1) removal of references to “furnish[ing]” the Proxy Statement, and proxy card attached thereto, to the Company’s shareholders, and replacement of such references with “mail[ing]”; and (2) removal, from the proxy card, of language describing the Company’s shareholders’ ability to “withhold authority to vote for one or more additional candidates who have been nominated by the Company… .”

Please contact the undersigned at (212) 451-2232 if there are any questions or comments with respect to this filing.

Sincerely,

/s/ Aneliya S. Crawford

Aneliya S. Crawford

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