Lumen Technologies, Inc. (LUMN) Management presents at Annual Virtual Wells Fargo TMT Summit (Transcript)

Lumen Technologies, Inc. (NYSE:LUMN) Annual Virtual Wells Fargo TMT Summit December 2, 2021 1:20 PM ET

Company Participants

Maxine Moreau - President of Mass Markets

Conference Call Participants

Eric Luebchow - Wells Fargo Securities

Operator

Good afternoon, everyone. Before we get started, if you are a member of the press or media, please disconnect at this time. This is a restricted line. Any unauthorized party in this meeting, or any unauthorized use of the information communicated in this meeting is subject to prosecution to the fullest extent of the law. Any unauthorized person including the media that is on the line at this time, please disconnect. Please note, Today's call is being recorded.

Question-and-Answer Session

Operator

[Operator Instructions]

EricLuebchow

Good afternoon, everyone. I'm Eric Luebchow, Senior Analyst at Wells Fargo and thanks for joining us today at our TMT Summit. Really pleased today to be joined by Maxine Moreau, who is the President of Lumen's Mass Markets division. So, Maxine thanks so much for joining us today.

MaxineMoreau

Thank you for having me.

EricLuebchow

So Maxine, obviously, you're the President of one of the more interesting segments of Lumen today. So perhaps you could just give us a little background of your role and your responsibility at the firm.

MaxineMoreau

Sure. So mass markets is made up of our consumer and small business customers. Last year, we generated about $5.9 billion in revenue; we operate under two separate brands. Our new go-to-market fiber brand is Quantum Fiber. I'll talk about that a good bit today. And then the CenturyLink brand that everyone's familiar with, that we've operated for many years and will continue to operate our non fiber assets. But our future growth is going to come from Quantum Fiber as we expand our fiber footprint. At the end of third quarter, we had about 2.7 million fiber enabled locations.