Res 2011-094 - Laserfiche WebLink

Home Browse Search

Prism" TV delivers Prism -TV delivers high - quality video content, a broad range of on- demand content and advanced interactive features We launched Prism-TV in Las Vegas, Nevada and Fort Myers, Florida in 2010, bringing total markets in service to five, and expect to launch three additional markets in 2011. To Our Stockholders Over the past 20 years, the CenturyLink team has developed several clear core competencies that in 2010 combined to deliver excellent financial and operational performance. Our competencies include integration expertise honed through many successful acquisitions, a proven local operating model that fosters customer - driven decision making and a disciplined financial management approach. In 2010, these strengths helped us execute the Embarq integration plan and deliver financial and operational results that exceeded our expectations. Our core competencies also made it possible for us to announce in April 2010 an agreement to acquire Qwest Communications in a tax -free, stock - for -stock transaction. The Qwest acquisition provides CenturyLink the additional scale and scope we need to compete as a nationwide, industry - leading telecommunications company - the third largest in the country. We expect the transaction to provide significant benefits for customers, shareholders and the communities in which we operate. 2010: Achievements in the marketplace Even in a very challenging economic environment, we were able to achieve several key milestones in 2010. In particular, we made solid progress toward our goal of being the leading broadband service provider in the markets we serve. In 2010, we added 158,000 high -speed Internet subscribers, an increase of 7.1 percent over 2009. At year end, approximately 92 percent of our access lines were broadband enabled and 65 percent of these were capable of speeds up to 10 Mbps. Customers have responded positively to our expanding portfolio of broadband services - especially our CenturyLinkTM PrismTM TV service, which we expanded to Fort Myers, Florida and Las Vegas, Nevada in 2010. PrismTm TV delivers high - quality video content, a broad range of on- demand content and advanced interactive features over our managed two -way IP network. We also had success selling PrismTM TV, typically bundled with voice and data services, into the Multiple Dwelling Unit (MDU) market, which includes condominium and apartment complexes, hotels, homeowners associations, assisted living centers and universities. In early 2011, we announced an agreement with Verizon Wireless that will enable CenturyLink to offer Verizon Wireless equipment and services to residential and small business customers, further expanding our portfolio of communications products and services. In the business and enterprise markets, we acquired new customers and strengthened existing relationships with continued investments in advanced data capabilities, including Ethernet and Multiprotocol Label Switching (MPLS) offerings, which provide seamless, reliable connectivity between people and locations nationwide.