Investments in Unconsolidated Entities

9 Months Ended

Sep. 30, 2015

Disclosure Text Block

Investments in Unconsolidated Entities

8.    Investments in Unconsolidated Entities

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

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
(Dollars in thousands)
Revenues	$	1,733,402	$	1,643,734	$	5,184,186	$	4,861,057
Operating expenses		1,263,320		1,225,417		3,826,798		3,540,783
Operating income		470,082		418,317		1,357,388		1,320,274
Other income (loss), net		(9,843)		1,651		(15,466)		4,077
Net income	$	460,239	$	419,968	$	1,341,922	$	1,324,351