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General

TDS ups revenues, profit despite losing customers in Q1

Sunday 7 May 2017 | 19:09 CET | News
US operator TDS said its operating revenues lifted to USD 1.238 billion in the first quarter, from 1.254 billion the year before while the net profit jumped to USD 37 million or 33 cents per share from 8 million or 8 cents. Capex at the end of the quarter amounted to EUR 61 million. CEO LeRoy Carlson said US Cellular had low levels of postpaid handset churn and recorded a strong increase in profitability while TDS grew both IPTC and broadband connections. TDS Telecom's Wireline meanwhile kept its momentum in IPTV growth, adding new connections and upping ARPU. Cable increased its broadband

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