CenturyLink 2010 Annual Report Download - page 2

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$2.045BILLIONWe generated $2.045 billion in net cash from operating
activities in 2010, representing a five-year compounded
annualgrowth rate of 16.2 percent.
PRISM™TV We successfully launched CenturyLink™Prism™TV,
ourInternetProtocolTelevision (IPTV)service,
in LasVegas, Nevada and Fort Myers, Florida.
We achieved 7.1 percent growth
in high-speed Internetsubscribers
in 2010.
7.1%
Ourbusinesscustomers responded positively to ourcontinued
investments in Ethernet,Multiprotocol Label Switching (MPLS)
andVoiceover Internet Protocol (VoIP)services.
NEW SERVICES
We successfully implemented ourlocaloperating modelin the former
Embarqmarkets andsaw reduced access line losses and less customer
churn as a result of morecustomer-driven decisionmaking.
LOCAL
Four systems conversions, representing 75 percent
of Embarq’s customers, have been completed.
Onesystems conversion remains to be completed.
FOUR
We areon track to achieve $375 million
in operating expense synergiesfrom the
Embarqacquisitionby year-end 2011.
$375 MILLION
2010 – Winning in the Marketplace
+OPPORTUNITY