Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 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 U.S. Cellular’s 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 June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
(Dollars in thousands)
Revenues	$	1,544,564	$	1,420,492	$	3,037,290	$	2,851,865
Operating expenses		1,095,809		1,014,995		2,162,776		2,086,883
Operating income		448,755		405,497		874,514		764,982
Other income, net		1,113		1,320		1,701		2,236
Net income	$	449,868	$	406,817	$	876,215	$	767,218

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]


Key assumptions
Weighted-average expected revenue growth rate (next ten years)	2.0	%
Long-term and terminal revenue growth rate (after year ten)	2.0	%
Discount rate	10.5	%
Capital expenditures as a percentage of revenue	14.9-18.8	%

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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