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): December 16, 1996


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


    Iowa                      1-8251                     36-2669023
(State or other            (Commission                  (IRS Employer
jurisdiction of            File Number)              Identification  No.)
incorporation)      

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

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


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













Item 5.  Other Events.

         On December 16, 1996, the Company  reported that its Board of Directors
has authorized repurchases of up to 3,000,000 TDS Common Shares.

         This  Current  Report  on Form 8-K is being  filed for the  purpose  of
filing the news release issued by the Company  relating to such  announcement as
an exhibit.

Item 7.  Financial Statements and Exhibits

(c)      Exhibits

         The exhibits  accompanying  this report are listed in the  accompanying
Exhibit Index.




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                                   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:    December 19, 1996


By:  /s/ GREGORY J. WILKINSON
     ---------------------------
Gregory J. Wilkinson
Vice President and Controller
(principal accounting officer)












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                                  EXHIBIT INDEX


Exhibit Number                          Description of Exhibit
- --------------                          ----------------------

    99.1                                News Release dated December 16, 1996



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