N-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06180

Name of Fund: BlackRock Utilities & Telecommunications Fund, Inc.

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Utilities & Telecommunications Fund, Inc., 40 East 52^nd Street, New York, NY 10022

Registrant’s telephone number, including area code: (800) 441-7762

Date of fiscal year end: 07/31/2011

Date of reporting period: 10/31/2010

Item 1 – Schedule of Investments

Schedule of Investments October 31, 2010 (Unaudited)	BlackRock Utilities and Telecommunications Fund, Inc.
	(Percentages shown are based on Net Assets)

Common Stocks	Shares		Value
Commercial Services & Supplies — 0.2%
Tetra Tech, Inc. (a)		9,600	$	202,176
Diversified Telecommunication Services — 11.4%
AT&T Inc.		126,462		3,604,167
BCE, Inc.		33,500		1,122,585
CenturyLink, Inc.		13,400		554,492
Frontier Communications Corp.		16,634		146,047
Qwest Communications International, Inc.		303,700		2,004,420
Swisscom AG		1,100		459,382
TW Telecom, Inc. (a)		31,500		579,600
Telefonica SA		25,648		693,073
Verizon Communications, Inc.		69,300		2,250,171
Windstream Corp.		40,241		509,451
				11,923,388
Electric Utilities — 33.7%
American Electric Power Co., Inc.		84,800		3,174,912
CPFL Energia SA - ADR		6,400		459,712
Cia Energetica de Minas Gerais - ADR		28,050		500,412
Cleco Corp.		13,900		434,653
DPL, Inc.		75,000		1,957,500
Duke Energy Corp.		129,832		2,364,241
EDP - Energias do Brasil SA		34,200		742,813
Edison International		61,700		2,276,730
Entergy Corp.		44,900		3,346,397
Exelon Corp.		24,600		1,004,172
FirstEnergy Corp.		39,700		1,441,904
ITC Holdings Corp.		51,000		3,193,110
Iberdrola SA		62,600		528,895
NV Energy, Inc.		17,600		240,416
NextEra Energy, Inc.		79,600		4,381,184
Northeast Utilities, Inc.		31,600		988,448
PPL Corp.		38,300		1,030,270
Pinnacle West Capital Corp.		19,300		794,388
Progress Energy, Inc.		28,800		1,296,000
The Southern Co.		109,800		4,158,126
Westar Energy, Inc.		31,000		784,300
				35,098,583
Gas Utilities — 2.9%
Energen Corp.		10,900		486,576
New Jersey Resources Corp.		20,400		825,996
Oneok, Inc.		7,400		368,668
Questar Corp.		45,700		775,529
UGI Corp.		19,600		589,764
				3,046,533
Independent Power Producers & Energy Traders — 5.7%
The AES Corp. (a)		103,900		1,240,566
Common Stocks	Shares		Value
Independent Power Producers & Energy Traders (concluded)
AES Tiete SA, Preference Shares		42,300	$	587,120
Calpine Corp. (a)		71,500		893,750
Cia Energetica de Sao Paulo, Preference ‘B’ Shares		41,700		652,367
International Power Plc		136,400		910,090
NRG Energy, Inc. (a)		86,000		1,712,260
				5,996,153
Media — 1.3%
Comcast Corp., Special Class A		44,400		858,252
Time Warner Cable, Inc.		8,000		462,960
				1,321,212
Multi-Utilities — 21.2%
CMS Energy Corp.		116,100		2,133,918
CenterPoint Energy, Inc.		71,100		1,177,416
Centrica Plc		116,300		618,841
Consolidated Edison, Inc.		32,500		1,615,900
DTE Energy Co.		9,300		434,868
Dominion Resources, Inc.		94,174		4,092,802
Integrys Energy Group, Inc.		7,300		388,287
NSTAR		27,000		1,126,170
NiSource, Inc.		20,800		360,048
OGE Energy Corp.		13,700		604,992
PG&E Corp.		56,100		2,682,702
Public Service Enterprise Group, Inc.		92,400		2,989,140
Sempra Energy		25,600		1,369,088
United Utilities Group Plc		63,200		618,758
Wisconsin Energy Corp.		19,700		1,172,938
Xcel Energy, Inc.		30,900		737,274
				22,123,142
Oil, Gas & Consumable Fuels — 6.5%
EOG Resources, Inc.		8,600		823,192
EQT Corp.		18,000		673,920
PetroHawk Energy Corp. (a)		11,600		197,316
QEP Resources, Inc.		45,700		1,509,471
Range Resources Corp.		8,200		306,598
Southwestern Energy Co. (a)		18,100		612,685
Spectra Energy Corp.		51,616		1,226,912
Talisman Energy, Inc.		19,500		353,730
Williams Cos., Inc.		48,300		1,039,416
				6,743,240
Water Utilities — 2.3%
American States Water Co.		3,400		126,990
American Water Works Co, Inc.		43,200		1,031,616
Aqua America, Inc.		32,400		697,572
California Water Service Group		14,200		530,228
Portfolio Abbreviations
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

ADR	American Depositary Receipts
CZK	Czech Koruna
USD	U.S. Dollar

BLACKROCK UTILITIES AND TELECOMMUNICATIONS FUND, INC. OCTOBER 31, 2010 1

Schedule of Investments (continued)	BlackRock Utilities and Telecommunications Fund, Inc.
	(Percentages shown are based on Net Assets)

Common Stocks	Shares		Value
Water Utilities (concluded)
Cia Saneamento, Preference Shares (a)(b)		314		—
			$	2,386,406
Wireless Telecommunication Services — 10.9%
America Movil, SA de CV - ADR		24,700		1,414,322
American Tower Corp., Class A (a)		14,600		753,506
Cellcom Israel Ltd.		11,200		378,448
Clearwire Corp., Class A (a)		72,800		516,152
Crown Castle International Corp. (a)		18,000		776,160
Millicom International Cellular SA		8,200		775,720
NII Holdings, Inc. (a)		34,400		1,438,264
NTELOS Holdings Corp.		20,400		370,668
Rogers Communications, Inc., Class B		16,500		601,177
SBA Communications Corp., Class A (a)		38,800		1,523,288
Sprint Nextel Corp. (a)		179,500		739,540
Vivo Participacoes SA - ADR		13,600		389,504
Vodafone Group Plc - ADR		60,512		1,664,685
				11,341,434
Total Long-Term Investments (Cost – $71,989,724) – 96.1%				100,182,267
Short-Term Securities
BlackRock Liquidity Funds, TempCash, Institutional Class, 0.22% (c)(d)		124,131		124,131
Total Short-Term Securities (Cost – $124,131) – 0.1%				124,131
Total Investments (Cost – $72,113,855*) – 96.2%				100,306,398
Other Assets Less Liabilities – 3.8%				3,934,585
Net Assets – 100.0%			$	104,240,983

* The cost and unrealized appreciation (depreciation) of investments as of October 31, 2010, as computed for federal income tax purposes were as follows:

Aggregate cost	$	72,223,643
Gross unrealized appreciation	$	28,693,585
Gross unrealized depreciation		(610,830	)
Net unrealized appreciation	$	28,082,755

(a)	Non-income producing security.
(b)	Convertible security.
(c)	Investments in companies considered to be an affiliate of the Fund during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliate	Shares Held at July 31, 2010	NetActivity	Shares Held at October 31, 2010	Income
BlackRock Liquidity Funds, TempCash, Institutional Class	2,505,607	(2,381,476)	124,131	$ 1,288

(d)	Represents the current yield as of report date.
•	For Fund compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease.
•	Foreign currency exchange contracts as of October 31, 2010 were as follows:

Currency Purchased		Currency Sold		Counter- party	Settlement Date	Unrealized Depreciation
USD	251,856	CZK	4,528,217	State Street Global Markets, LLC	11/02/10	$	(4,026	)

2 BLACKROCK UTILITIES AND TELECOMMUNICATIONS FUND, INC. OCTOBER 31, 2010

Schedule of Investments (concluded) BlackRock Utilities and Telecommunications Fund, Inc.

• Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivatives, which are as follows:

• Level 1 — price quotations in active markets/exchanges for identical assets and liabilities

• Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

• Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund’s own assumptions used in determining the fair value of investments and derivatives)

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements as contained in its annual report.

The following tables summarize the inputs used as of October 31, 2010 in determining the fair valuation of the Fund’s investments and derivatives:

Valuation Inputs	Level 1		Level 2			Level 3		Total
Assets:
Investments in Securities:
Long-Term Investments:
Common Stocks:
Commercial Services & Supplies	$	202,176		—			—	$	202,176
Diversified Telecommunication Services		10,770,933	$	1,152,455			—		11,923,388
Electric Utilities		34,569,688		528,895			—		35,098,583
Gas Utilities		3,046,533		—			—		3,046,533
Independent Power Producers & Energy Traders		5,086,063		910,090			—		5,996,153
Media		1,321,212		—			—		1,321,212
Multi-Utilities		20,885,543		1,237,599			—		22,123,142
Oil, Gas & Consumable Fuels		6,743,240		—			—		6,743,240
Water Utilities		2,386,406		—			—		2,386,406
Wireless Telecommunication Services		11,341,434		—			—		11,341,434
Short-Term Securities		124,131		—			—		124,131
Total	$	96,477,359	$	3,829,039			—	$	100,306,398
Derivative Financial Instruments1
Valuation Inputs	Level 1		Level 2			Level 3		Total
Liabilities:
Foreign currency exchange contracts		—	$	(4,026	)		—	$	(4,026	)

¹ Derivative financial instruments are foreign currency exchange contracts. Foreign currency exchange contracts are shown at the unrealized appreciation/depreciation on the instrument.

BLACKROCK UTILITIES AND TELECOMMUNICATIONS FUND, INC. OCTOBER 31, 2010 3

Item 2 –	Controls and Procedures
2(a) –	The registrant's principal executive and principal financial officers or persons performing similar functions have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) –	There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
Item 3 –	Exhibits
	Certifications – Attached hereto
	Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
	BlackRock Utilities & Telecommunications Fund, Inc.
	By:	/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer of
		BlackRock Utilities & Telecommunications Fund, Inc.
	Date: December 22, 2010
	Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
	By:	/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock Utilities & Telecommunications Fund, Inc.
	Date: December 22, 2010
	By:	/s/ Neal J. Andrews
		Neal J. Andrews
		Chief Financial Officer (principal financial officer) of
		BlackRock Utilities & Telecommunications Fund, Inc.
	Date: December 22, 2010

EX-99.CERT

EX-99. CERT

CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, John M. Perlowski, Chief Executive Officer (principal executive officer) of BlackRock Utilities & Telecommunications Fund, Inc., certify that:

1. I have reviewed this report on Form N-Q of BlackRock Utilities & Telecommunications Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: December 22, 2010

/s/ John M. Perlowski

John M. Perlowski

Chief Executive Officer (principal executive officer) of

BlackRock Utilities & Telecommunications Fund, Inc.

EX-99. CERT

CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock Utilities & Telecommunications Fund, Inc., certify that:

1. I have reviewed this report on Form N-Q of BlackRock Utilities & Telecommunications Fund, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

d) disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: December 22, 2010

/s/ Neal J. Andrews

Neal J. Andrews

Chief Financial Officer (principal financial officer) of

BlackRock Utilities & Telecommunications Fund, Inc.