Telephone And Data Systems Q1 Profit Rises - Quick Facts

(RTTNews) - Telephone and Data Systems, Inc. (TDI, TDS) reported first-quarter net income available to common shareholders of $145.7 million or $1.33 per share, compared to $18.2 million or $0.16 per share, prior year.

Revenue increased to $1.25 billion from $1.20 billion last year. Analysts polled by Thomson Reuters expected revenue of $1.30 billion for the quarter.

LeRoy Carlson, Jr., TDS president and CEO, said: "U.S. Cellular continued to grow its postpaid customer base and improve loyalty. TDS Telecom achieved strong growth in IPTV customers, and we continued to move forward with our cable, broadband, and hosted and managed services strategies."

For 2015, the company continues to expect operating revenue $5.145 billion to $5.395 billion. Analysts expect the company to report fiscal 2015 revenue of $5.30 billion.