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Investments In Unconsolidated Entities
3 Months Ended
Mar. 31, 2016
Disclosure Text Block  
Investments in Unconsolidated Entities

Note 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.

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

 

Three Months Ended March 31,

 

2016

 

2015

(Dollars in millions)

 

 

 

 

 

Revenues

$ 

1,688 

 

$ 

1,735 

Operating expenses

 

1,236 

 

 

1,291 

Operating income

 

452 

 

 

444 

Other income (expense), net

 

(4)

 

 

4 

Net income

$

448 

 

$

448