CenturyLink Ends 2Q 2016 with 8.4 Million Connectable Households and Businesses at 40+ Mbps

MONROE, LA — CenturyLink ended Q2 2016 with more than 8.4 million connectable households and businesses with 40 Mbps or higher speeds, including 1.2 million GPON-enabled connectable units. The company expects to reach 11 million 40 Mbps or higher, including 2 million GPON-enabled addressable households and businesses, by year-end 2017.

"Our new sales and marketing leadership team continues to refine our sales channels and associated go-to-market strategies for the Business market, and continues to pivot toward higher-value bundled solutions for the Consumer market," said Glen F. Post III, chief executive officer and president. "While second quarter consumer subscriber metrics were softer than anticipated, we expect to see an improvement in unit trends in the second half of the year.

"We also are continuing to invest with a network-first focus on delivering higher broadband speeds and in the transformation and virtualization of our network infrastructure through the deployment of NFV4 and SDN5 technologies. We ended the quarter with more than 8.4 million addressable households and businesses with 40 Mbps or higher speeds, including 1.2 million GPON-enabled addressable units. We expect to reach 11 million 40 Mbps or higher, including 2 million GPON-enabled addressable households and businesses by year-end 2017," concluded Post.