Telephone & Data Systems Inc. (NYSE:TDS) reported operating revenues of $1,265.8 million for the fourth quarter of 2010, versus $ 1,261.9 million in the comparable period one year ago. Net income attributable to TDS was $14.5 million, or $0.14 earnings per diluted share. In the fourth quarter of 2009, net income attributable to TDS was $11.7 million, or $0.11 diluted earnings per share. For the twelve months ended Dec. 31, 2010, TDS reported operating revenues of $4,986.8 million, versus $5,019.9 million in 2009. Net income attributable to TDS for 2010 was $143.8 million, or $1.36 per diluted share. In 2009, net income attributable to TDS was $188.9 million, or $1.72 diluted earnings per share. Fourth quarter and full year 2009 results were impacted by a $14.0 million (pre-tax), or $0.07 diluted loss per share, charge for impairment of licenses.

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