U.S. Cellular posted a strong third quarter as subscriber adds increased nearly 6 percent giving the carrier a subscriber base of 6.7 million. Service revenues were up 16.1 percent to $954.5 million from $821.8 million during the quarter last year. Operating income was also up 30.5 percent to $100.9 million. Net income was $63.1 million, up from $35.9 million this time last year. U.S. Cellular's ARPU figure was $52.71 after a 10 percent increase year-over-year. Data revenues also grew a whopping 66 percent to $96.8 million, or 10.1 percent of service revenues.
For more on U.S. Cellular's Q3:
- read this press release