8-K

FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 10, 2007

TELEPHONE AND DATA SYSTEMS, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other
jurisdiction of
incorporation) 001-14157
(Commission
File Number) 36-2669023
(IRS Employer
Identification No.)

     30 North LaSalle Street, Suite 4000, Chicago, Illinois     
         (Address of principal executive offices)    60602   
(Zip Code)

Registrant's telephone number, including area code: (312) 630-1900

  Not Applicable  
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

(a)     N/A

(b)     As previously disclosed, due to personal reasons, Martin L. Solomon advised Telephone and Data Systems, Inc. ("TDS") that he planned to retire from the TDS Board of Directors after a search for a qualified successor was completed. On May 10, 2007, TDS announced that it had nominated Gregory P. Josefowicz for election at the 2007 annual meeting of shareholders to fill the directorship currently held by Mr. Solomon. Accordingly, Mr. Solomon's term as a director will expire at the 2007 annual meeting and Mr. Solomon will not stand for re-election at the 2007 annual meeting. Mr. Solomon is a member of the Corporate Governance committee of TDS.

          A copy of the news release announcing the foregoing is attached hereto as Exhibit 99.1 and incorporated by reference herein.

(c)     N/A

(d)     N/A

(e)     N/A

(f)     N/A

Item 8.01. Other Events.

        On May 10, 2007, TDS announced that its 2007 annual meeting of shareholders will be held in Chicago on July 26, 2007 at 10:00 a.m. Chicago time. The record date for the meeting is June 8, 2007.

        A copy of the news release announcing the foregoing is attached hereto as Exhibit 99.2 and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits:

        In accordance with the provisions of Item 601 of Regulation S-K, any Exhibits filed or furnished herewith are set forth on the Exhibit Index attached hereto.

SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

Telephone and Data Systems, Inc.
(Registrant)

Date: May 10, 2007

By:	/s/ D. Michael Jack
	D. Michael Jack
	Senior Vice President and Corporate Controller

EXHIBIT INDEX

The following exhibits are filed or furnished herewith as noted below.

Exhibit No.	Description
99.1	Press Release dated May 10, 2007 announcing changes to directors
99.2	Press Release dated May 10, 2007 announcing annual meeting date

EX-99

Exhibit 99.1

Contact: Julie D. Mathews, Manager, Investor Relations
(312) 592-5341 julie.mathews@teldta.com

FOR RELEASE: IMMEDIATE

TDS NOMINATES GREGORY P. JOSEFOWICZ FOR ELECTION
TO ITS BOARD OF DIRECTORS

CHICAGO - May 10, 2007 - Gregory P. Josefowicz, 54, has been nominated for election to the board of directors of Telephone and Data Systems, Inc. (AMEX: TDS, TDS.S). Prior to his retirement in July 2006, Mr. Josefowicz served as president and CEO of Borders Group, Inc. for approximately seven years. He was named chairman of Borders Group in 2002, and held the position until his retirement.

Mr. Josefowicz will stand for election by the holders of TDS Common Shares and TDS Special Common Shares as an independent director at the company's 2007 annual meeting of shareholders. If elected, Mr. Josefowicz will fill the vacancy resulting from the decision of Martin Solomon not to seek re-election. Mr. Solomon served with distinction on the TDS board of directors for more than 10 years.

"We are pleased he has agreed to stand for election to the TDS board of directors," said Walter Carlson, TDS chairman. "With over 20 years of experience leading large retail organizations, he would be an excellent addition to the TDS board. We welcome the executive management, retail merchandising and consumer marketing insight and expertise Greg would provide."

Continued Mr. Carlson, "We'd also like to thank Martin for his many years of service. His intelligent, strategic insights and financial acumen were much appreciated by our board and members of management throughout the TDS group of companies."

Mr. Josefowicz is currently a member of the board of directors of PetSmart, a leading pet supply and services retailer, Winn-Dixie Stores, one of the nation's largest food retailers, as well as the metal services company, Ryerson. He also currently serves Borders Group, a leading global retailer of books, music and movies with more than 1,200 stores and over 34,000 employees worldwide, as a senior-level consultant. Before joining Borders Group, he was president of Jewel-Osco, a division of Albertson's, Inc., one of the largest food-drug chains in the U.S.

Mr. Josefowicz holds a bachelor's degree from Michigan State University and a master's degree from Northwestern University's Kellogg Graduate School of Management, where he serves as a member of the school's Advisory Board.

IMPORTANT INFORMATION: Additional information relating to the foregoing nomination will be included in the company's definitive proxy statement, to be filed with the Securities and Exchange Commission. The company encourages shareholders to read the definitive proxy statement when it becomes available because it will contain important information about the company and the nominee. Shareholders and other investors may access the company's proxy statement, at no cost, when it is available and other relevant company documents at the SEC's web site (www.sec.gov). The proxy statement will also be available on the TDS web site (www.teldta.com) in the Investor Relations section on the SEC filing page. The company and its executive officers and directors may be deemed to be participants in the solicitation of proxies from the company's shareholders in connection with the forgoing nomination. Information regarding the security ownership and other interests of the company's executive officers and directors will be included in the definitive proxy statement.

About TDS
TDS is a diversified telecommunications corporation founded in 1969. Through its business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless, local telephone and broadband services. As of March 31, 2007, the company employed 11,600 people and served 7.2 million customers/units in 36 states.

For more information about TDS and its subsidiaries, visit the web sites at:

TDS: www.teldta.com	TDS Telecom: www.tdstelecom.com
USM: www.uscellular.com

EX-99

Exhibit 99.2

Contact: Julie D. Mathews, Manager, Investor Relations
(312) 592-5341 julie.mathews@teldta.com

FOR RELEASE: IMMEDIATE

TDS ANNOUNCES 2007 ANNUAL MEETING OF SHAREHOLDERS

CHICAGO - May 10, 2007 - Telephone and Data Systems, Inc. [AMEX:TDS, TDS.S] today announced that it has scheduled its 2007 annual meeting of shareholders for July 26, 2007 at 10:00 am CDT. The meeting will be held in Chicago. The record date is June 8, 2007. Notices of the annual meeting and proxy statement providing additional information will be circulated in advance of the meetings to shareholders of record.

About TDS
TDS is a diversified telecommunications corporation founded in 1969. Through its business units, U.S. Cellular and TDS Telecom, TDS operates primarily by providing wireless, local telephone and broadband services. As of March 31, 2007, the company employed 11,600 people and served 7.2 million customers/units in 36 states.

For more information about TDS and its subsidiaries, visit the web sites at:

TDS: www.teldta.com	TDS Telecom: www.tdstelecom.com
USM: www.uscellular.com