Second-quarter earnings at Telephone & Data Systems Inc. and its U.S. Cellular Corp. business declined, while U.S. Cellular lost fewer overall subscribers than it did a year earlier.
Earnings for both companies missed analysts’ expectations, and U.S. Cellular also lowered its guidance for full-year service revenue to $3.93 billion to $4 billion from $3.98 billion to $4.08 billion. Get the full story »
