TDS Telecom adds 4,000 TV subscribers in 4Q 2014

Wednesday, February 25th, 2015 
TDS Telecom logo

CHICAGO — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,297.1 million for the fourth quarter of 2014, versus $1,183.5 million for the comparable period one year ago.

TDS Telecom finished the year with 23,400 IPTV subscribers, up 2,700 in the final quarter, and up 9,600 year-on-year. Video connections via cable ended the year at 110,400, up 1,300 in the quarter, and up 41,300 over the year.

“TDS Telecom performed well in 2014. The wireline segment continued its targeted fiber deployment and now offers TDS TV service in eighteen markets,” said LeRoy T. Carlson, Jr., TDS president and CEO.

TDS Telecom – Connections

Quarter Ended         12/31/2014   9/30/2014   6/30/2014   3/31/2014  12/31/2013
                      ----------  ----------  ----------  ----------  ----------
Wireline - IPTV (1)       23,400      20,700      18,200      15,900      13,800
Cable - Video (2)        110,400     109,100      69,700      68,700      69,100

1. The number of customers provided video services using IP networking technology.
2. Generally, a home or business receiving video programming counts as one video connection. In counting bulk residential or commercial connections, such as an apartment building or hotel, connections are counted based on the number of units/rooms within the building receiving service.