Summary of UNITED STATES CELLULAR CORP

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

United States Cellular Corporation ("U.S. Cellular") previously filed a Current Report on Form 8-K dated June 21, 2012, which disclosed, among other things, that Alan D. Ferber, Executive Vice President - Chief Strategy and Brand Officer, would be leaving U.S. Cellular effective July 1, 2012. That Form 8-K also indicated that U.S. Cellular and Mr. Ferber were in the process of negotiating a separation agreement that would be disclosed in a future Form 8-K filing. Accordingly, the following amends and supplements such Form 8-K pursuant to paragraph (e) of Item 5.02.

(e) U.S. Cellular entered into a Confidential Agreement and General Release with Alan D. Ferber as of July 19, 2012. Pursuant to this agreement, subject to the terms and conditions thereof (i) Mr. Ferber resigned as Executive Vice President - Chief Strategy and Brand Officer of U.S. Cellular on July 1, 2012 (the "Resignation Date"), (ii) Mr. Ferber continued to receive his current base salary and employment benefits through the Resignation Date, (iii) provided that he complies with certain terms and conditions, U.S. Cellular will pay Mr. Ferber a discretionary pay amount of $900,000 in three installments, and (iv) U.S. Cellular will pay the cost of outplacement services for Mr. Ferber during the period ended December 31, 2013. In addition, pursuant to this agreement and subject to the terms and conditions thereof, Mr. Ferber is required to comply with covenants relating to non-competition, non-disclosure of confidential information, non-solicitation of U.S. Cellular employees, cooperation with U.S. Cellular in the event of any proceedings and communications relating to U.S. Cellular, and the agreement includes a general release and covenant not to sue. The foregoing brief description is qualified by reference to the copy of such agreement attached which is incorporated by reference herein as Exhibit 10.1.