EX-12 4 exhibit12.htm EXHIBIT 12 Exhibit 99.1

Exhibit 12

UNITED STATES CELLULAR CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES



Three Months Ended
March 31, 2003

(Dollars in thousands)
EARNINGS        
  Net Income (Loss) before income taxes   $ (12,504 )
      Add (Deduct):  
        Earnings on Equity Method    (12,378 )
        Distributions from Minority Subsidiaries    13,615  
        Minority interest in income of majority-owned subsidiaries that do not  
          have fixed charges    (3,465 )

    $ (14,732 )
      Add fixed charges:  
        Consolidated interest expense   $ 15,018  
        Deferred debt expense    436  
        Interest Portion (1/3) of Consolidated Rent Expense    5,847  

                                                                                                     $6,569  

FIXED CHARGES  
      Consolidated interest expense   $ 15,018  
      Deferred debt expense    436  
      Interest Portion (1/3) of Consolidated Rent Expense    5,847  

    $ 21,301  

RATIO OF EARNINGS TO FIXED CHARGES    N/A  


The dollar deficiency resulting in less than one-to-one coverage is $14,732.