1Q22 Enterprise Channel Revenue Report
2022 Priorities
1
Growth
Invest in fiber deployments and product enhancements to
drive toward profitable revenue growth
2 Shareholder Returns
Maintain our $1 per share dividend; evaluate future share
repurchase
3 Debt Management
4
Reduced net debt by approximately $1.5 billion since the first
quarter 2021
Portfolio Optimization
Continued focus on portfolio optimization; expect
-$7 billion of net cash proceeds upon closing our
LATAM and ILEC transactions
Debt Maturity Profile
As of 1Q22
($ in millions)
6
Issued: May 4, 2022
(1)
$1,000
$949
$1,125
$94
2022
2023
2024
$4,088
2025
$2,075
2026
As of 1Q22
$10,976
2027
$1,737
$4,490
$4,305
2028
2029
2030+
Revolver Capacity
(1) Includes $1.437 billion Embarq Corporation 7.995% Senior Notes due 6/01/2036 that had been reclassified as held for sale as of 3/31/22.
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