CHICAGO (AP) _ Telephone & Data Systems Inc. (TDS) on Wednesday reported a third-quarter loss of $181 million, after reporting a profit in the same period a year earlier.
The Chicago-based company said it had a loss of $1.64 per share. Earnings, adjusted for asset impairment costs, were 8 cents per share.
The parent of U.S. Cellular and TDS Telecom posted revenue of $1.25 billion in the period.
TDS shares have fallen 6 percent since the beginning of the year. The stock has climbed roughly 5 percent in the last 12 months.