Exhibit 12
UNITED STATES CELLULAR CORPORATION RATIO OF EARNINGS TO FIXED CHARGES
				Nine Months Ended
				September 30,
				2014		2013
(Dollars in thousands)
EARNINGS:
	Income before income taxes (1)			$	(24,072)	$	266,402
	Add (deduct):
		Equity in earnings of unconsolidated entities			(106,166)		(99,797)
		Distributions from unconsolidated entities			74,853		49,612
		Amortization of capitalized interest			4,816		1,920
		Income attributable to noncontrolling interests in subsidiaries
			that do not have fixed charges		(935)		(6,914)
				$	(51,504)	$	211,223
	Add fixed charges:
		Consolidated interest expense (2)			42,712		32,393
		Interest portion (1/3) of consolidated rent expense			24,179		30,551
				$	15,387	$	274,167
FIXED CHARGES:
		Consolidated interest expense (2)		$	42,712	$	32,393
		Capitalized interest			3,720		14,259
		Interest portion (1/3) of consolidated rent expense			24,179		30,551
				$	70,611	$	77,203
RATIO OF EARNINGS TO FIXED CHARGES					*		3.55
(1)		Includes Gain on license sales and exchanges of $91.4 million and Gain on sale of business and other exit costs, net of $27.7 million in 2014, and Gain on sale of business and other exit costs, net of $243.6 million in 2013.
(2)		Interest expense on income tax contingencies is not included in fixed charges.
*		Earnings for the nine months ended September 30, 2014 were inadequate to cover Fixed charges by $55.2 million.