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Investments in Unconsolidated Entities

6 Months Ended

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 equity 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 income		$	433,755		$	425,776		$	881,683		$	918,291

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The entire disclosure for cost method and equity method investments included basis, impairment losses, recognized or unrecognized gains (losses).

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