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Investments in Unconsolidated Entities | 6 Months Ended
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Jun. 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 equi ty method investments.
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
(Dollars in thousands) |  |  |  |  |  |  |  |  |  |  |
Revenues | $ | 1,720,964 |  | $ | 1,629,724 |  | $ | 3,450,785 |  | $ | 3,250,114
Operating expenses |  | 1,276,758 |  |  | 1,204,588 |  |  | 2,563,479 |  |  | 2,334,226
Operating income |  | 444,206 |  |  | 425,136 |  |  | 887,306 |  |  | 915,888
Other income, net |  | (10,451) |  |  | 640 |  |  | (5,623) |  |  | 2,403
Net i ncome | $ | 433,755 |  | $ | 425,776 |  | $ | 881,683 |  | $ | 918,291

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