Investment in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 30, 2013

Equity Method Investment, Summarized Financial Information

Equity method investments, summarized results of operations

	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. Such combined results of operations include the results of the NY1 & NY2 Partnerships from April 3, 2013, the effective date of their deconsolidation as discussed below.
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
(Dollars in thousands)
Revenues		$	1,583,640	$	1,451,642	$	4,632,100	$	4,314,727
Operating expenses			1,130,717		1,067,915		3,302,886		3,164,334
	Operating income		452,923		383,727		1,329,214		1,150,393
Other income, net			656		(334)		1,791		1,304
Net income		$	453,579	$	383,393	$	1,331,005	$	1,151,697

Fair Value Key Assumptions

Key assumptions
Average expected revenue growth rate (next ten years)	2.0	%
Terminal revenue growth rate (after year ten)	2.0	%
Discount rate	10.5	%
Capital expenditures as a percentage of revenue	14.9-18.8	%