Investments In Unconsolidated Entities

3 Months Ended

Mar. 31, 2013

Disclosure Text Block

Investments in Unconsolidated Entities

7. Investments in Unconsolidated Entities

Investments in unconsolidated entities consist of amounts invested in wireless and wireline entities in which TDS holds a noncontrolling interest. These investments are accounted for using either the equity or cost method.

Equity in earnings of unconsolidated entities totaled$27.1million and $23.4 million in the three months ended March 31, 2013 and 2012, respectively;of those amounts, TDS' investment in the Los Angeles SMSA Limited Partnership (“LA Partnership”) contributed $20.6 million and $17.1 million in the three months ended March 31, 2013 and 2012, respectively. TDS held a 5.5% ownership interest in the LA Partnership during these periods.

The following table, which is based on information provided in part by third parties, summarizes the combined results of operations of TDS' equity method investments:

		Three Months Ended
		March 31,
		2013		2012
(Dollars in thousands)
Revenues		$	1,498,260	$	1,437,008
Operating expenses			1,071,692		1,076,750
	Operating income		426,568		360,258
Other income			423		649
Net income		$	426,991	$	360,907