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CenturyLink Q2 revenue rises to $4.61B with increased broadband, business service sales - Fierce Telecom

CenturyLink (NYSE: CTL) reported on Wednesday that Q2 2012 earnings rose year-over-year due to an uptick in both consumer broadband and strategic business services. For the quarter, operating revenues were $4.61 billion, up from $4.41 billion in Q2 2011. The service provider said the revenue increase was the result of $278 million of revenue contributions from the Savvis acquisition it completed last July in addition to consumer broadband and its emerging Prism IPTV service. Of course, the revenue increases were offset by expected declines in legacy service revenue due to...

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Published By: Fierce Telecom - Thursday, 9 August, 2012