1Q22 Enterprise Channel Revenue Report slide image

1Q22 Enterprise Channel Revenue Report

1Q22 Revenue - Sales Channels 52.9% Total 1Q Revenue Mix 53.0% 53.7% 28.6% 28.5% 27.3% 18.5% 18.5% 19.0% 1Q20 1Q21 1Q22 Enterprise Channels ■Mass Markets ■Wholesale YoY% QoQ% Revenue ($ in millions) 1Q22 Change Change Enterprise Channels (1) $2,512 (5.8%) (3.5%) Wholesale $889 (4.3%) (0.2%) Business Subtotal $3,401 (5.4%) (2.7%) Mass Markets (2) Total Revenue $1,275 (11.1%) (5.8%) $4,676 (7.0%) (3.5%) 23 Issued: May 4, 2022 Investing for Future Growth in Enterprise Channels and Mass Markets (1) Enterprise Channels include the International and Global Accounts (iGAM), Large Enterprise and Mid-Market Enterprise sales channels. (2) 1Q21, 4Q21 and 1Q22 include CAF II impacts of $123 million, $122 million and $59 million, respectively. LUMEN®
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