CenturyLink adds 24,000 Prism TV customers in 1Q 2014
Wednesday, May 7th, 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%.
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