Common use of Other Equity Investments Clause in Contracts

Other Equity Investments. Advantage Spectrum, L.P.(2) – 90% interest Allentown SMSA Limited Partnership – 8.12% interest Aquinas Wireless, L.P.(2) – 90% interest Farmers Cellular Telephone Company, Inc. – 49% interest Farmers Mutual Cellular Telephone Company, Inc. – 49% interest Fresno MSA Limited Partnership – 1.9% interest Iowa RSA No. 9 Limited Partnership(3) – 15.001% interest Iowa RSA No. 12 Limited Partnership(3) – 24.5% interest Jefferson Cellular Telephone Company, Inc. – 49% interest King Street Wireless, L.P.(2) – 90% interest Los Angeles SMSA Limited Partnership – 5.5% interest Madison SMSA Tower Holdings LLC – 4.938% interest Oklahoma City SMSA Limited Partnership – 14.6% interest Oklahoma City SMSA Tower Holdings LLC – 14.6% interest Pennsylvania RSA 1 Limited Partnership – 9.80% interest Pennsylvania RSA No. 6(I) Limited Partnership – 8.17% interest Pennsylvania RSA No. 6(II) Limited Partnership – 8.17% interest Redding MSA Limited Partnership – 2.9% interest Relay Ventures Parallel Fund III LP – 3.4% interest Texas RSA 6 Limited Partnership – 13.5% interest Texas RSA 6 Tower Holdings, LP – 13.5% interest Venus Cellular Telephone Company, Inc. – 49% interest CoBank Capital Participation Certificate – $1,012,463.59 as of March 31, 2018 (relating to Term Loan Credit Agreement between CoBank and Borrower) CoBank Capital Participation Certificate – $85,300.00 as of March 31, 2018 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLC) Rural Telephone Finance Cooperative (RTFC) Capital Participation Certificate - $29,754.59 as of March 31, 2018(relating to USCOC of Pennsylvania RSA No. 10-B2, LLC)

Other Equity Investments. The percentages listed below are the percentages owned by U.S. Cellular, unless otherwise indicated: Advantage Spectrum, L.P.(2) – - 90% interest Allentown SMSA Limited Partnership – - 8.12% interest Aquinas WirelessAsurvest, L.P.(2) – 90Inc. d/b/a Fixt - 6.45% interest Farmers Cellular Telephone Company, Inc. – - 49% interest Farmers Mutual Cellular Telephone Company, Inc. – - 49% interest Fresno MSA Limited Partnership – - 1.9% interest Graphic Arts Alliance LLC - 5.788219% interest indirect by TDS GTE Mobilnet of Indiana Limited Partnership - 2.428946% interest direct by TDS Internet of Things America, LLC - 10.39% interest Iowa RSA No. 9 Limited Partnership(3) – - 15.001% interest Iowa RSA No. 12 Limited Partnership(3) – - 24.5% interest Jefferson Cellular Telephone Company, Inc. – - 49% interest Kiip, Inc. - 2.56% interest King Street Wireless, L.P.(2) – - 90% interest Los Angeles SMSA Limited Partnership – - 5.5% interest Madison SMSA Tower Holdings LLC – 4.938- 24.055% interest (19.117% indirect by TDS) MGW Communications, Inc. - 17.078% interest direct by TDS Milwaukee SMSA Limited Partnership - 1.01% interest indirect by TDS Milwaukee SMSA Tower Holdings LLC - 2.462% interest indirect by TDS New Paris Telephone, Inc. - 19.747% interest direct by TDS New York Access Billing LLC - 4.82% interest indirect by TDS Northwest Minnesota Special Access LLC - 5.2632% interest indirect by TDS Oklahoma City SMSA Limited Partnership – - 14.6% interest Oklahoma City SMSA Tower Holdings LLC – - 14.6% interest Pennsylvania RSA 1 Limited Partnership – - 9.80% interest Pennsylvania RSA No. 6(I) Limited Partnership – - 8.17% interest Pennsylvania RSA No. 6(II) Limited Partnership – - 8.17% interest Redding Postco, Inc. - 20,000 preferred shares Xxxxxxx MSA Limited Partnership – - 2.9% interest Relay Ventures Parallel Fund III LP – - 3.4% interest Sierra Wireless, Inc. - 1.0214% interest by TDS Solix, Inc. - 2.14% interest indirect by TDS Texas RSA 6 Limited Partnership – - 13.5% interest Texas RSA 6 Tower Holdings, LP – - 13.5% interest Venus Cellular Telephone Company, Inc. – - 49% interest Volcano Communications Company - 45.01% interest direct by TDS Wisconsin Independent Telecommunications Systems, Inc. (d/b/a Access Wisconsin) - 4.194% interest indirect by TDS CoBank Capital Participation Certificate – - $1,012,463.59 1,489,581.43 as of March 31September 30, 2018 2019 (relating to Term Loan Credit Agreement agreements between CoBank and BorrowerU.S. Cellular) CoBank Rural Telephone Finance Cooperative (RTFC) Capital Participation Certificate – - $85,300.00 22,513.59 as of March 31September 30, 2018 2019 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLC) Rural Telephone Finance Cooperative (RTFC) Capital Participation Certificate - $29,754.59 as of March 31, 2018(relating to USCOC of Pennsylvania RSA No. 10-B2, LLC)

Other Equity Investments. Advantage Spectrum, L.P.(2) – 90% interest Allentown SMSA Limited Partnership – 8.12% interest Aquinas Wireless, L.P.(2) – 90% interest Farmers Cellular Telephone Company, Inc. – 49% interest Farmers Mutual Cellular Telephone Company, Inc. – 49% interest Fresno MSA Limited Partnership – 1.9% interest Iowa RSA No. 9 Limited Partnership(3) – 15.001% interest Iowa RSA No. 12 Limited Partnership(3) – 24.5% interest Jefferson Cellular Telephone Company, Inc. – 49% interest King Street Wireless, L.P.(2) – 90% interest Los Angeles SMSA Limited Partnership – 5.5% interest Madison SMSA Tower Holdings LLC – 4.938% interest Oklahoma City SMSA Limited Partnership – 14.6% interest Oklahoma City SMSA Tower Holdings LLC – 14.6% interest Pennsylvania RSA 1 Limited Partnership – 9.80% interest Pennsylvania RSA No. 6(I) Limited Partnership – 8.17% interest Pennsylvania RSA No. 6(II) Limited Partnership – 8.17% interest Redding Rxxxxxx MSA Limited Partnership – 2.9% interest Relay Ventures Parallel Fund III LP – 3.44.5% interest Texas RSA 6 Limited Partnership – 13.5% interest Texas RSA 6 Tower Holdings, LP – 13.5% interest Venus Cellular Telephone Company, Inc. – 49% interest CoBank Capital Participation Certificate – $1,012,463.59 - $ 194,024.04 as of March 31April 30, 2018 2016 (relating to Term Loan Credit Agreement between CoBank and Borrower) CoBank Capital Participation Certificate – $- $ 85,300.00 as of March 31April 30, 2018 2016 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLCInc.) Rural Telephone Finance Cooperative (RTFC) Capital Participation Certificate - $$ 29,754.59 as of March 31April 30, 2018(relating 2016 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLC)Inc.) ____________________

Other Equity Investments. Advantage Spectrum, L.P.(2L.P. (2) – 90% interest Allentown SMSA Limited Partnership – 8.12% interest Aquinas Wireless, L.P.(2L.P. (2) – 90% interest Farmers Cellular Telephone Company, Inc. – 49% interest Farmers Mutual Cellular Telephone Company, Inc. – 49% interest Fresno MSA Limited Partnership – 1.9% interest Graphic Arts Alliance LLC – 5.788219% interest GTE Mobilnet of Indiana Limited Partnership – 2.428946% interest Iowa RSA No. 9 Limited Partnership(3Partnership (3) – 15.001% interest Iowa RSA No. 12 Limited Partnership(3Partnership (3) – 24.5% interest Jefferson Cellular Telephone Company, Inc. – 49% interest King Street Wireless, L.P.(2L.P. (2) – 90% interest Los Angeles SMSA Limited Partnership – 5.5% interest Madison SMSA Tower Holdings LLC – 4.938% interest MGW Communications, Inc. – 17.078% interest Milwaukee SMSA Limited Partnership – 1.01% interest Milwaukee SMSA Tower Holdings LLC – 2.462% interest New Paris Telephone, Inc. – 19.747% interest New York Access Billing LLC – 4.82% interest Northwest Minnesota Special Access LLC – 5.2632% interest Numerex Corp. – less than 1.0% interest Oklahoma City SMSA Limited Partnership – 14.6% interest Oklahoma City SMSA Tower Holdings LLC – 14.6% interest Pennsylvania RSA 1 Limited Partnership – 9.80% interest Pennsylvania RSA No. 6(I) Limited Partnership – 8.17% interest Pennsylvania RSA No. 6(II) Limited Partnership – 8.17% interest Redding MSA Limited Partnership – 2.9% interest Relay Ventures Parallel Fund III LP – 3.44.5% interest Solix, Inc. – 2.04% interest Texas RSA 6 Limited Partnership – 13.5% interest Texas RSA 6 Tower Holdings, LP – 13.5% interest Venus Cellular Telephone Company, Inc. – 49% interest Volcano Communications Company – 45.01% interest CoBank Capital Participation Certificate – $1,012,463.59 - $ 194,024.04 as of March 31April 30, 2018 2016 (relating to Term Loan Credit Agreement between CoBank and BorrowerU.S. Cellular) CoBank Capital Participation Certificate – $- $ 85,300.00 as of March 31April 30, 2018 2016 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLCInc.) Rural Telephone Finance Cooperative (RTFC) Capital Participation Certificate - $$ 29,754.59 as of March 31April 30, 2018(relating 2016 (relating to USCOC of Pennsylvania RSA No. 10-B2, LLCInc.) Part (c).Guarantors. TDS Telecommunications Corporation M.C.T. Communications, Inc. OneNeck Data Center Holdings, LLC OneNeck IT Solutions LLC Affiliate Fund Airadigm Communications, Inc. Commvest, Inc. National Telephone & Telegraph Company TDSI Corporation ____________________ (2) Such entity is a Non-Subsidiary Variable Interest Entity (Borrower has an equity interest in such entity (as set forth above); such entity was a variable interest entity under GAAP prior to the changes made to GAAP on January 1, 2016 and continues to be a variable interest entity under GAAP on and after January 1, 2016) (3) As of January 1, 2016, this entity is a Non-Subsidiary Variable Interest Entity due to the changes made to GAAP on January 1, 2016 (but was not a Variable Interest Entity prior to the changes made to GAAP on January 1, 2016) SCHEDULE 7.01 EXISTING LIENS