CenturyLink adds 24,000 Prism TV customers in 1Q 2014

Ended the quarter with nearly 200,000 CenturyLink® Prism™ TV customers, an increase of approximately 24,000 in first quarter 2014

MONROE, La. — CenturyLink, Inc. (NYSE: CTL) today reported strong operating revenues, operating cash flow and free cash flow for first quarter 2014.

Consumer

The Consumer segment achieved strong strategic revenue growth driven by increased high-speed Internet and CenturyLink® Prism™ TV customers, price increases on certain products and lower customer churn.

• Strategic revenues were $702 million in the quarter, an 8.8% increase over first quarter 2013.
• Generated nearly $1.51 billion in total revenues, approximately flat from first quarter 2013, reflecting solid growth in strategic services offset by the continued decline in legacy services.
• Added nearly 24,000 CenturyLink® Prism™ TV customers during first quarter 2014, increasing penetration of the more than 2 million addressable homes to nearly 10%.