tds_16.htm
 
 
 



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13D

Under the Securities Exchange Act of 1934 (Amendment No. 16)



Telephone and Data Systems, Inc.
(Name of Issuer)

Common Stock $0.01 Par Value Per Share
(Title of Class of Securities)


                                                                                                                                          _______879433100________
(CUSIP Number)

Peter D. Goldstein
GAMCO Investors, Inc.
One Corporate Center
Rye, New York 10580-1435
(914) 921-7732
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)


___________December 18, 2008___________
(Date of Event which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  .


 
1
 

CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
Gabelli Funds, LLC                                                                            I.D. No.  13-4044523
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
   00-Funds of investment advisory clients
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   New York
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
1,638,800 (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
1,638,800 (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
1,638,800 (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)
13
 
 
 
Percent of class represented by amount in row (11)
 
3.08%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    IA
 
 
2
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
GAMCO Asset Management Inc.                                                                    I.D. No.  13-4044521
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
 00-Funds of investment advisory clients
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   New York
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
2,917,389  (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
3,006,489 (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
3,006,489 (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)
13
 
 
 
Percent of class represented by amount in row (11)
 
5.65%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    IA, CO


 
3
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
Gabelli Securities, Inc.                                                                            I.D. No.  13-3379374
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
00-Client Funds
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   Delaware
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
 21,500     (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
21,500     (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
21,500     (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)
13
 
 
 
Percent of class represented by amount in row (11)
 
0.04%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    HC, CO

 
4
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
MJG Associates, Inc.                                                                                               I.D. No.  06-1304269
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
00-Client Funds
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   Connecticut
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
 15,500     (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
15,500     (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
   15,500     (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)
13
 
 
 
Percent of class represented by amount in row (11)
 
 0.03%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
CO

 
5
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
GGCP, Inc.                                                                                                            I.D. No.  13-3056041
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
WC
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   New York
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
4,000   (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
4,000   (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
4,000
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)  X
13
 
 
 
Percent of class represented by amount in row (11)
 
0.01%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    HC, CO

 
6
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
GAMCO Investors, Inc.                                                                                                                              I.D. No.  13-4007862
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
None
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   New York
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
3,000   (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
3,000   (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
3,000   (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)  X
13
 
 
 
Percent of class represented by amount in row (11)
 
0.01%
 
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    HC, CO

 
7
 
CUSIP No. 879433100
1
Names of reporting persons
I.R.S. identification nos. of above persons (entities only)
Mario J. Gabelli
2
Check the appropriate box if a member of a group (SEE INSTRUCTIONS)                                                                                                                                          (a)
 
 
(b)
 
3
Sec use only
 
4
Source of funds (SEE INSTRUCTIONS)
00 – Funds of a Private Entity
 
5
Check box if disclosure of legal proceedings is required pursuant to items 2 (d) or 2 (e)
 
 
6
Citizenship or place of organization
   USA
 
Number Of
 
Shares
 
Beneficially
 
Owned
 
By Each
 
Reporting
 
Person
 
With
: 7
:
:
:
Sole voting power
 
54,000   (Item 5)
: 8
:
:
:
Shared voting power
 
None
: 9
:
:
:
Sole dispositive power
 
54,000   (Item 5)
:10
:
:
:
Shared dispositive power
 
None
11
 
 
 
Aggregate amount beneficially owned by each reporting person
 
54,000   (Item 5)
12
 
 
 
Check box if the aggregate amount in row (11) excludes certain shares
(SEE INSTRUCTIONS)  X
13
 
 
 
Percent of class represented by amount in row (11)
 
0.10%
14
 
 
 
Type of reporting person (SEE INSTRUCTIONS)
    IN

 
8
 
Item 1.                                Security and Issuer
                      This Amendment No. 16 to Schedule 13D on the Common Stock of Telephone and Data Systems Inc. (the “Issuer”) is being filed on behalf of the undersigned to amend the Schedule 13D, as amended (the “Schedule 13D”) which was originally filed on February 27, 1998.  Unless otherwise indicated, all capitalized terms used herein but not defined herein shall have the same meanings as set forth in the Schedule 13D.

Item 2.                                Identity and Background
This statement is being filed by Mario J. Gabelli (“Mario Gabelli”) and various entities which he
directly or indirectly controls or for which he acts as chief investment officer.  These entities engage in various aspects of the securities business, primarily as investment adviser to various institutional and individual clients, including registered investment companies and pension plans, and as general partner of various private investment partnerships.  Certain of these entities may also make investments for their own accounts.
The foregoing persons in the aggregate often own beneficially more than 5% of a class of a particular issuer.  Although several of the foregoing persons are treated as institutional investors for purposes of reporting their beneficial ownership on the short-form Schedule 13G, the holdings of those who do not qualify as institutional investors may exceed the 1% threshold presented for filing on Schedule 13G or implementation of their investment philosophy may from time to time require action which could be viewed as not completely passive.  In order to avoid any question as to whether their beneficial ownership is being reported on the proper form and in order to provide greater investment flexibility and administrative uniformity, these persons have decided to file their beneficial ownership reports on the more detailed Schedule 13D form rather than on the short-form Schedule 13G and thereby to provide more expansive disclosure than may be necessary.
(a), (b) and (c) - This statement is being filed by one or more of the following persons: GGCP, Inc.  (“GGCP”), GAMCO Investors, Inc. (“GBL”), Gabelli Funds, LLC (“Gabelli Funds”), GAMCO Asset Management Inc. (“GAMCO”), Teton Advisors, Inc. (“Teton Advisors”), Gabelli Securities, Inc. (“GSI”), Gabelli & Company, Inc. (“Gabelli & Company”), MJG Associates, Inc. (“MJG Associates”), Gabelli Foundation, Inc. (“Foundation”),  and Mario Gabelli.  Those of the foregoing persons signing this Schedule 13D are hereafter referred to as the “Reporting Persons”.
GGCP makes investments for its own account and is the controlling shareholder of GBL.  GBL, a public company listed on the New York Stock Exchange, is the parent company for a variety of companies engaged in the securities business, including those named below.
GAMCO, a wholly-owned subsidiary of GBL, is an investment adviser registered under the Investment Advisers Act of 1940, as amended (“Advisers Act”).  GAMCO is an investment manager providing discretionary managed account services for employee benefit plans, private investors, endowments, foundations and others.
GSI, a majority-owned subsidiary of GBL, is an investment adviser registered under the Advisers Act and serves as a general partner or investment manager to limited partnerships and offshore investment companies.  As a part of its business, GSI may purchase or sell securities for its own account.  It is the immediate parent of Gabelli & Company. GSI is the general partner or investment manager of a number of funds or partnerships, including Gabelli Associates Fund, Gabelli Associates Fund II, Gabelli Associates Limited, ALCE Partners, L.P., and Gabelli Multimedia Partners, L.P.  GSI and Marc Gabelli own 45% and 55%, respectively, of Gabelli Securities International Limited (“GSIL”). GSIL provides investment advisory services to offshore funds and accounts.   GSIL is an investment advisor of Gabelli International Gold Fund Limited, Gabelli European Partners, Ltd., and Gabelli Global Partners, Ltd.
Gabelli & Company, a wholly-owned subsidiary of GSI, is a broker-dealer registered under the Securities Exchange Act of 1934, as amended (“1934 Act”), which as a part of its business regularly purchases and sells securities for its own account.
Gabelli Funds, a wholly owned subsidiary of GBL, is a limited liability company. Gabelli Funds is an investment adviser registered under the Advisers Act which presently provides discretionary managed account services for The Gabelli Equity Trust Inc., The Gabelli Asset Fund, The GAMCO Growth Fund, The Gabelli Convertible and Income Securities Fund Inc., The Gabelli Value Fund Inc., The Gabelli Small Cap Growth Fund, The Gabelli Equity Income Fund, The Gabelli ABC Fund, The GAMCO Global Telecommunications Fund, GAMCO Gold Fund, Inc., The Gabelli Global Multimedia Trust Inc., The GAMCO Global Convertible Securities Fund, Gabelli Capital Asset Fund, GAMCO International Growth Fund, Inc., The GAMCO Global Growth Fund, The Gabelli Utility Trust, The GAMCO Global Opportunity Fund, The Gabelli Utilities Fund, The Gabelli Blue Chip Value Fund, The GAMCO Mathers Fund, The Gabelli Woodland Small Cap Value Fund, The Comstock Capital Value Fund, The Comstock Strategy Fund, The Gabelli Dividend and Income Trust, The Gabelli Global Utility & Income Trust, The Gabelli Global Gold, Natural Resources, & Income Trust, The Gabelli Global Deal Fund, Gabelli Enterprise M&A Fund, The Gabelli SRI Fund, Inc. and The Gabelli Healthcare & Wellness Rx Trust (collectively, the “Funds”), which are registered investment companies.
GBL is the largest shareholder of Teton Advisors, an investment adviser registered under the Advisers Act, which provides discretionary advisory services to The GAMCO Westwood Mighty Mitessm Fund, The GAMCO Westwood Income Fund , The GAMCO Westwood Small Cap Fund and BB Micro-Cap Growth Fund.
MJG Associates provides advisory services to private investment partnerships and offshore funds.  Mario Gabelli is the sole shareholder, director and employee of MJG Associates.   MJG Associates is the Investment Manager of Gabelli International Limited, Gabelli International II Limited and Gabelli Fund, LDC.  Mario J. Gabelli is the general partner of Gabelli Performance Partnership, LP.
The Foundation is a private foundation.  Mario Gabelli is the Chairman, a Trustee and the
Investment Manager of the Foundation. Elisa Gabelli Wilson is the President of the Foundation.
Mario Gabelli is the majority stockholder, Chief Executive Officer and a director of GGCP and Chairman and Chief Executive Officer of GBL.
The Reporting Persons do not admit that they constitute a group.
GBL, GAMCO, and Gabelli & Company are New York corporations and GSI and Teton Advisors are Delaware corporations, each having its principal business office at One Corporate Center, Rye, New York 10580. GGCP is a New York corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830. Gabelli Funds is a New York limited liability company having its principal business office at One Corporate Center, Rye, New York 10580.  MJG Associates is a Connecticut corporation having its principal business office at 140 Greenwich Avenue, Greenwich, CT 06830.  The Foundation is a Nevada corporation having its principal offices at 165 West Liberty Street, Reno, Nevada 89501.
For information required by instruction C to Schedule 13D with respect to the executive officers and directors of the foregoing entities and other related persons (collectively, “Covered Persons”), reference is made to Schedule I annexed hereto and incorporated herein by reference.
(f) - Reference is made to Schedule I hereto.

Item 3.                                Source and Amount of Funds or Other Consideration
Item 3 to Schedule 13D is amended, in pertinent part, as follows:
                      The Reporting Persons used an aggregate of approximately $15,186,983 to purchase the additional Securities reported as beneficially owned in Item 5 since the most recent filing on Schedule 13D. GAMCO and Gabelli Funds used approximately $12,437,455 and $2,007,012 respectively, of funds that were provided through the accounts of certain of their investment advisory clients (and, in the case of some of such accounts at GAMCO, may be through borrowings from client margin accounts) in order to purchase the additional Securities for such clients. GSI used approximately $190,374 of client funds to purchase the additional Securities reported by it. Mario Gabelli used approximately $552,142 of funds of a private entity to purchase the additional Securities reported by it.

Item 5.                                Interest In Securities Of The Issuer
Item 5 to Schedule 13D is amended, in pertinent part, as follows:
                              (a) The aggregate number of Securities to which this Schedule 13D relates is 4,742,789 shares, representing 8.92% of the 53,197,083 shares outstanding as reported in the Issuer’s most recent Form 10-Q for the quarterly period ended September 30, 2008.  The Reporting Persons beneficially own those Securities as follows:
 
Name
Shares of
Common Stock
% of Class of
Common
Gabelli Funds
 
1,638,800
3.08%
GAMCO
3,006,489
5.65%
 
GSI
 
21,500
 
0.04%
 
GGCP
 
Mario Gabelli
 
MJG Associates
 
4,000
 
54,000
 
15,500
 
0.01%
 
0.10%
 
0.03%
 
GBL
 
3,000
 
0.01%

Mario Gabelli is deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons.  GSI is deemed to have beneficial ownership of the Securities owned beneficially by Gabelli & Company.  GBL and GGCP are deemed to have beneficial ownership of the Securities owned beneficially by each of the foregoing persons other than Mario Gabelli and the Foundation.
(b) Each of the Reporting Persons and Covered Persons has the sole power to vote or direct the vote and sole power to dispose or to direct the disposition of the Securities reported for it, either for its own benefit or for the benefit of its investment clients or its partners, as the case may be, except that (i) GAMCO does not have the authority to vote 89,100 of the reported shares, (ii) Gabelli Funds has sole dispositive and voting power with respect to the shares of the Issuer held by the Funds so long as the aggregate voting interest of all joint filers does not exceed 25% of their total voting interest in the Issuer and, in that event, the Proxy Voting Committee of each Fund shall respectively vote that Fund’s shares, (iii) at any time, the Proxy Voting Committee of each such Fund may take and exercise in its sole discretion the entire voting power with respect to the shares held by such fund under special  circumstances such as regulatory considerations, and (iv) the power of Mario Gabelli, GBL, and GGCP is indirect with respect to Securities beneficially owned directly by other Reporting Persons.
(c) Information with respect to all transactions in the Securities which were effected during the past sixty days or since the most recent filing on Schedule 13D, whichever is less, by each of the Reporting Persons and Covered Persons is set forth on Schedule II annexed hereto and incorporated herein by reference.
(e) Not applicable.



 
9
 

Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated:                      December 22, 2008

                                                                                MARIO J. GABELLI
GGCP, INC.
GABELLI SECURITIES, INC.
                GABELLI FUNDS, LLC
                                                                                TETON ADVISORS, INC.
GAMCO ASSET MANAGEMENT INC
GAMCO INVESTORS, INC.



          By:/s/ Douglas R. Jamieson                                                                                     
          Douglas R. Jamieson
            Attorney-in-Fact for Mario J. Gabelli
            President, Gabelli Securities, Inc.
            Director – GGCP, Inc.
                                                                                            President & Chief Operating Officer of the sole member of
                  Gabelli Funds, LLC.
            Director – Teton Advisors, Inc.
                                                                                            President – GAMCO Asset Management Inc.
        President & Chief Operating Officer – GAMCO  Investors, Inc.
 
 
10
 
                          Schedule I
                         Information with Respect to Executive
Officers and Directors of the Undersigned
Schedule I to Schedule 13D is amended, in pertinent part, as follows:

The following sets forth as to each of the executive officers and directors of the undersigned: his name; his business address; his present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted.  Unless otherwise specified, the principal employer of each such individual is GAMCO Asset Management Inc., Gabelli Funds, LLC, Gabelli Securities, Inc., Gabelli & Company, Inc., Teton Advisors, Inc., or GAMCO Investors, Inc., the business address of each of which is One Corporate Center, Rye, New York 10580, and each such individual identified below is a citizen of the United States.  To the knowledge of the undersigned, during the last five years, no such person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and no such person was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any violation with respect to such laws except as reported in Item 2(d) of this Schedule 13D.
















 
11
 




GGCP, Inc.
Directors:
  
Vincent J. Amabile
 
               Mario J. Gabelli
 
Business Consultant
 
Chief Executive Officer of GGCP, Inc., and Chairman & Chief Executive Officer of GAMCO Investors, Inc.; Director/Trustee of all registered investment companies advised by Gabelli Funds, LLC.
 
Marc J. Gabelli
 
Chairman of The LGL Group, Inc.
 
Matthew R. Gabelli
 
Vice President – Trading
Gabelli & Company, Inc.
One Corporate Center
Rye, New York 10580
 
Charles C. Baum
 
 
 
 
               Douglas R. Jamieson
 
Secretary & Treasurer
United Holdings Co., Inc.
2545 Wilkens Avenue
Baltimore, MD   21223
 
See below
Joseph R. Rindler, Jr.
 
Account Executive for GAMCO Asset Management Inc.
               Fredric V. Salerno
Chairman; Former Vice Chairman and Chief Financial Officer
Verizon Communications
 
Vincent Capurso
Vice President Taxes, Barnes & Noble, Inc.
 
Vincent S. Tese
 
Former Director GAMCO Investors, Inc.
 
               Michael Gabelli
 
 
Director
   
Officers:
  
Mario J. Gabelli
 Chief Executive Officer and Chief Investment Officer
 
Michael G. Chieco
Chief Financial Officer, Secretary
 
   
GAMCO Investors, Inc.
Directors:
  
 
               Edwin L. Artzt
 
 
 
 
Raymond C. Avansino
 
 
 
              Richard L. Bready
 
Former Chairman and Chief Executive Officer
Procter & Gamble Company
900 Adams Crossing
Cincinnati, OH 45202
 
Chairman & Chief Executive Officer
E.L. Wiegand Foundation
Reno, NV 89501
 
Chairman and Chief Executive Officer
Nortek, Inc.
50 Kennedy Plaza
Providence, RI 02903
 
Mario J. Gabelli
 
               John D. Gabelli
See above
 
Senior Vice President
   
               Eugene R. McGrath
 
Former Chairman and Chief Executive Officer
Consolidated Edison, Inc.
 
               Robert S. Prather
 
 
 
 
President & Chief Operating Officer
Gray Television, Inc.
4370 Peachtree Road, NE
Atlanta, GA 30319
Officers:
  
Mario J. Gabelli
 
Chairman and Chief Executive Officer
 
Douglas R. Jamieson
 
Henry G. Van der Eb
 
Jeffrey M. Farber
 
Christopher Michailoff
President and Chief Operating Officer
 
Senior Vice President
 
Executive Vice President and Chief Financial Officer
 
Acting Secretary
   
GAMCO Asset Management Inc.
Directors:
 
  
Douglas R. Jamieson
Regina M. Pitaro
William S. Selby
 
  
Officers:
 
  
Mario J. Gabelli
Chief Investment Officer – Value Portfolios
 
   
Douglas R. Jamieson
 
 
Jeffrey M. Farber
 
 
               Chistopher J. Michailoff
President
 
 
Chief Financial Officer
 
 
General Counsel and Secretary
 
Gabelli Funds, LLC
Officers:
 
  
Mario J. Gabelli
 
Chief Investment Officer – Value Portfolios
Bruce N. Alpert
Executive Vice President and Chief Operating Officer
 
               Agnes Mullady
Vice President and President Closed-End Fund Division
 
 
 
Teton Advisors, Inc.
Directors:
 
  
Bruce N. Alpert
 
               Douglas R. Jamieson
 
               Nicholas F. Galluccio
 
              Alfred W. Fiore
 
              Edward T. Tokar
 
See above
 
See above
 
Chief Executive Officer and President
 
See below
 
Beacon Trust
Senior Managing Director
333 Main Street
Madison, NJ 07940
 
Officers:
 
  
Bruce N. Alpert
 
               Nicholas F. Galluccio
 
               Jeffrey M. Farber
Chairman
 
See above
 
Chief Financial Officer
   
Gabelli Securities, Inc.
 
  
Directors:
 
  
Robert W. Blake
President of W. R. Blake & Sons, Inc.
196-20 Northern Boulevard
Flushing, NY   11358
 
Douglas G. DeVivo
General Partner of ALCE Partners, L.P.
One First Street, Suite 16
Los Altos, CA   94022
 
 
               Douglas R. Jamieson
 
 
President
 

Officers:
 
  
Douglas R. Jamieson
 
               Christopher J. Michailoff
 
               Kieran Caterina
See above
 
Secretary
 
Chief Financial Officer
 
 
Gabelli & Company, Inc.
Directors:
 
  
James G. Webster, III
Chairman & Interim President
 
Irene Smolicz
Senior Trader
Gabelli & Company, Inc.
 
 
Officers:
  
James G. Webster, III
See Above
 
Bruce N. Alpert
 
                Diane M. LaPointe
Vice President - Mutual Funds
 
Controller/Financial and Operations Principal
 
   

 

 




 
12
 

                                  SCHEDULE II
                            INFORMATION WITH RESPECT TO
                 TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                 SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
                                   SHARES PURCHASED        AVERAGE
                        DATE            SOLD(-)             PRICE(2)
        
         
 COMMON STOCK-TELEPHONE & DATA SYSTEMS INC.
      
     
          MARIO J. GABELLI
            
                      12/17/08            2,000            30.8425
        
                      10/28/08            3,000            23.8007
        
                      10/20/08            2,000            25.5720
          GABELLI, SECURITIES, INC.
            
                      12/09/08            1,000-           32.1360
                      12/09/08            1,000-           30.4390
        
                      11/21/08              500             24.4020
        
                      10/23/08            1,000            23.9640
        
          GAMCO ASSET MANAGEMENT INC.
          
                      12/18/08           12,100           30.5360
                      12/18/08            1,000            30.6900
                      12/18/08              200             30.1955
                      12/18/08              600-            29.9500
                      12/18/08            3,000            30.7010
                      12/17/08              200-           30.8035
                      12/17/08              200-           30.8800
                      12/17/08            2,000            30.9000
                      12/17/08            1,500            30.8591
                      12/17/08              100-           30.7900
                      12/16/08            7,200            31.4035
        
                      12/15/08            1,700-          29.9038
                      12/12/08              500            30.8880
                      12/12/08            1,800-          30.9567
                      12/12/08              200            30.9200
                      12/12/08               55             30.9300
                      12/12/08              145            30.9800
                      12/11/08              400-             *DO
                      12/10/08              125-           32.0382
                      12/10/08              200-           32.7300
                      12/09/08              300-           31.3067
                      12/09/08            1,500-          31.0000
                      12/08/08            1,000-             *DO
                      12/08/08            8,700           31.3456
                      12/05/08              600            28.9000
                      12/05/08              200-           31.3075
                      12/04/08              200-           29.3800
                      12/04/08              200            30.0655
                      12/03/08            1,000           31.0600
                      12/03/08              400            31.4100
                      12/02/08            3,800           30.0987
        
                      11/28/08              200            31.3400
                      11/28/08              300            31.0850
                      11/26/08            2,200           29.9255
                      11/26/08              400-           30.9625
                      11/26/08              400-           29.6650
                      11/25/08            1,800           29.1256
                      11/25/08            5,000           29.0348
                      11/25/08              300-           29.4000
                      11/25/08              400            29.4200
                      11/24/08            2,000           27.6333
                      11/24/08           31,400          28.4761
                      11/24/08              900            28.2139
                      11/24/08            5,000           27.7608
                      11/24/08            1,000           27.7520
                      11/24/08              200-           28.7750
                      11/24/08            3,000           27.5317
                      11/24/08              300-           28.8200
                      11/24/08              400-           28.0925
                      11/21/08           10,600          24.6964
                      11/21/08            5,700-          24.7564
                      11/21/08            1,100-          25.0718
                      11/21/08            2,000           24.8866
                      11/21/08            1,300-          24.5092
                      11/20/08              200            26.3880
        
                      11/20/08              200-           26.2380
                      11/20/08              500-             *DO
                      11/20/08            1,600           26.3638
                      11/20/08              200            26.2380
                      11/20/08            1,700-          25.9165
                      11/19/08            1,500           30.4362
                      11/18/08            8,000-          29.0039
                      11/18/08              200-           28.9101
                      11/18/08            2,000-             *DO
                      11/17/08              200-           29.8300
                      11/17/08              250-           30.6600
                      11/17/08              600            30.9000
                      11/14/08            5,000           30.9004
                      11/14/08            1,000           30.9181
                      11/14/08            1,500-          29.9053
                      11/14/08              400-           29.0800
                      11/14/08              400            30.5625
                      11/13/08              200            31.0450
                      11/13/08              400-           28.0275
                      11/13/08              750-             *DO
                      11/13/08            2,750-             *DO
                      11/12/08              200-           27.6822
                      11/12/08            1,300-          28.8231
                      11/07/08              700-           27.8757
                      11/07/08            2,600           28.8300
                      11/07/08              216-           28.8826
                      11/06/08              400-             *DO
                      11/06/08              700-           27.7029
                      11/06/08              200-           27.8400
                      11/05/08            1,100-          27.2218
                      11/05/08            1,000           27.5165
                      11/04/08           15,000          26.6368
                      11/04/08              300-           26.4167
                      11/04/08            1,100            27.0782
                      11/04/08            5,000            26.7594
                      11/03/08            5,000            27.3374
                      11/03/08            1,000            27.1960
                      11/03/08            6,430            27.1658
                      11/03/08              500-            27.3300
        
                      10/31/08            2,000            27.0385
                      10/31/08            1,800            27.0000
                      10/31/08            5,000            27.0596
                      10/31/08              700             27.2500
                      10/31/08           17,100           26.9673
                      10/31/08              500             26.6920
                      10/30/08            2,000-           25.5157
                      10/30/08            3,400-           25.4556
                      10/30/08            3,815              *DI
                      10/30/08            2,000            25.4657
                      10/30/08            2,000            25.5158
                      10/30/08              500             25.5260
                      10/30/08           21,200           26.1168
                      10/30/08            4,500            26.3351
                      10/29/08            2,000            25.6539
                      10/29/08            1,000            25.8460
                      10/29/08              900             23.7700
                      10/28/08           15,000           23.2398
                      10/28/08           15,000           22.8484
                      10/27/08           16,800           23.2996
                      10/27/08              500             22.5700
                      10/27/08              500-             *DO
                      10/27/08              400-            22.2625
                      10/27/08            2,000            23.4615
                      10/24/08              500-            22.2800
                      10/23/08            9,200            23.8372
                      10/23/08              700-            23.9886
                      10/22/08           11,300           24.5431
                      10/22/08              300-            23.4100
                      10/21/08           10,000           26.1208
                      10/21/08              200-            25.5400
                      10/20/08              300             25.0200
                      10/20/08              200             25.0380
                      10/20/08           10,000           25.6678
                      10/20/08            8,400            25.5244
                      10/20/08              100-            25.4083
                      10/20/08              400-            25.0075
                      10/20/08              200             25.0600
                      10/20/08            1,000            26.2460
          MJG ASSOCIATES, INC.
            
                      10/31/08            1,000            27.3350
                      10/29/08            1,000            23.7700
        
          GABELLI FUNDS, LLC.
             GABELLI VALUE FUND
                      11/24/08            2,000-           27.8615
             GABELLI UTILITY FUND
                      12/03/08            8,000-           31.2419
                      10/31/08            5,000            26.9824
                      10/22/08            8,000            24.6728
                      10/20/08            2,000            26.0700
             GABELLI GLOBAL TELECOMM FUND
                      12/18/08              900            30.3222
             GABELLI CAPITAL ASSET FUND
                      10/27/08            5,000            22.4984
        
         
(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
    ON THE NYSE.
              
     
(2) PRICE EXCLUDES COMMISSION.
          
     
(*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.
                 

 
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