CenturyLink (NYSE: CTL) continued its aggressive expansion of video services in the fourth quarter, announcing Wednesday that it added 12,900 new Prism TV customers in the last three months of 2014.
With the gains, CenturyLink touted 242,000 TV video customers as of the end of December.
"We anticipate expanding Prism TV service to additional households and markets during the second half of 2015," said CenturyLink president and CEO Glen Post during Wednesday's earning call, transcripts of which were posted on Seeking Alpha. "We're not ready to announce specific markets at this time.
In Seattle, city officials recently redrafted public ordinances to allow CenturyLink easier access to neighborhoods it chooses to target with Prism TV services.
CenturyLink also added nearly 18,600 high-speed Internet customers to end the quarter with a total of 6.08 million subscribers. Strategic consumer revenues were $727 million, up 6.4 percent year-over-year, while total consumer revenues were $1.49 billion.
CenturyLink reported fourth-quarter core revenues of $4.05 billion, down 1.5 percent year-over-year.
FierceTelecom has a full overview of the wireline company's fourth quarter and full-year earnings.
For more:
- visit this CenturyLink investor relations page
Earnings summary: Sizing up pay-TV earnings for the fourth quarter of 2014
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