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General

TDS grows prepaid subscribers amid lower Q3

Saturday 5 November 2016 | 12:08 CET | News
US operator TDS reported a small decrease in third-quarter revenues to USD 1.301 billion from 1.374 billion the year before, while the net profit dropped to USD 13 million or USD 0.11 per share from 0.51 million and 0.46 per share, pulled down by negative one-offs. The company noted that it ended a namings rights agreement in the quarter, taking a one off charge of USD 13 million while the year earlier, it recognised a USD 58 million one-off benefit after stopping its loyalty rewards programme. The company maintained its full-year outlook, also for both subsidiaries, US Cellular and TDS

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Categories: General
Companies: TDS Telecom / US Cellular
Countries: United States
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