Exhibit 12 ---------- UNITED STATES CELLULAR CORPORATION RATIO OF EARNINGS TO FIXED CHARGES Six Months Ended June 30, 2002 ------------------ (Dollars in thousands) EARNINGS Loss before income taxes $ (61,704) Add (Deduct): Earnings on Equity Method (17,748) Distributions from Minority Subsidiaries 5,773 Minority interest in income of majority-owned subsidiaries that do not have fixed charges (6,138) ------------ $ (79,817) Add fixed charges: Consolidated interest expense $ 17,296 Deferred debt expense 391 Interest Portion (1/3) of Consolidated Rent Expense 8,124 ------------ $ (54,006) ============ FIXED CHARGES Consolidated interest expense $ 17,296 Deferred debt expense 391 Interest Portion (1/3) of Consolidated Rent Expense 8,124 ------------ $ 25,811 ============ RATIO OF EARNINGS TO FIXED CHARGES (2.09) ============ Tax-Effected Preferred Dividends $ 78 Fixed Charges 25,811 ------------ Fixed Charges and Preferred Dividends $ 25,889 ============ RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS (2.09) ============ The dollar deficiency resulting in less than one-to-one coverage is $79,817.