CenturyLink Grows 100 Mbps, 1 Gbps Base in Q4 2019

 

  • CenturyLink

MONROE, LA — CenturyLink reports growing its 100 Mbps and 1 Gbps base in Q419, offsetting  the loss of 36,000 low-speed broadband subs in Q419, according to results for the fourth quarter ended Dec. 31, 2019.

"We made solid progress in 2019 with our fiber-based investments and our transformation initiatives," said Jeff Storey, president and CEO of CenturyLink. "Our investments not only helped to enhance and expand our fiber network and product portfolio, they enabled us to continue to improve the customer experience. We are well-positioned to support our customers as they transition to next-generation hybrid platforms to meet their networking needs. We are excited about the opportunity we see for profitable revenue growth from ongoing market dynamics, such as the growth in security, IoT, big data, 5G, AI and the demand for edge computing."

Total revenue was $5.57 billion for the fourth quarter 2019, compared to $5.78 billion for the fourth quarter 2018.

 

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