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Investments In Unconsolidated Entities | 3 Months Ended
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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 b ased 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

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