CenturyLink 2004 Annual Report Download - page 2

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About CenturyTel
CenturyTel, Inc. (NYSE: CTL) provides a full
range of local, long distance, Internet and
broadband services to consumers in 22 states.
Included in the S&P 500 Index, CenturyTel
is a leading provider of integrated communi-
cations services to rural areas and small to
mid-size cities in the United States. Visit
CenturyTel at www.centurytel.com.
Contents
Preface: Understanding, The Real Story 1
Shareholders’ Letter 2
Chapter 1: Make It Easy 6
Chapter 2: We Want Good Value 8
Chapter 3: Give Us New Solutions
That Work 10
Chapter 4: Be Ready To Adapt When
Our Needs Change 12
Chapter 5: We Want A Stable Provider
We Can Count On 14
Access Lines 16
Financial Highlights 17
2004 Financial Information 18
CenturyTel Management 22
Epilogue: Success Stories 23
CenturyTel Leadership 24
To Serve
aCustomer
THE STORY OF WHAT OUR CUSTOMERS WANT
AND OUR STRATEGY FOR PROVIDING IT.
BUILDING STRONG CONNECTIONS