CenturyLink has reiterated its plans to bring its growing Prism IPTV service into new markets next year as it continues to work with various communities to establish new franchise agreements.
CenturyLink plans to pass an additional 300,000 homes with its Prism IPTV service this year. Speaking at the Goldman Sachs 23rd Annual Communacopia Conference, Stewart Ewing, CFO and EVP of CenturyLink, told investors he expects to end the year with a total of 2.2 million homes passed.
CenturyLink saw an uptick in Prism IPTV subscribers that drove up its second-quarter 2014 strategic consumer revenues to $1.5 billion, up sequentially over the first quarter.
CenturyLink is upping the ante in the symmetrical 1 Gbps fiber to the premises (FTTP) game, announcing that it will extend its service footprint to residential and business customers in select locations in 16 cities.
CenturyLink continues to be bullish about its Prism TV product and has set a goal of extending the service to more homes this year, particularly in the markets it entered through its acquisition of Qwest.
CenturyLink added 24,000 Prism TV customers and 66,000 high-speed data customers to overcome continued declines in legacy services in both consumer and business segments.
In a move that could help it compete with mobile video apps from rivals Cox Communications, Comcast and DirecTV, CenturyLink said it is beginning to offer its Prism TV subscribers the ability to stream 25 live TV networks on Apple's iPad and Google Android devices outside their homes.
CenturyLink plans to expand its Prism TV service to Highlands Ranch, Colo., which will be its 13 th market.
CenturyLink will start offering its Prism IPTV service in Highlands Ranch, Colo., marking its first move into the Denver-area market, reports the Denver Business Journal. After introducing the service earlier this summer in Colorado Springs, Highlands Ranch becomes the telco's thirteenth IPTV market.
IPTV, as part of a triple play package, is not only plucking customers away from cable competitors but actually bringing former customers back into the fold, CenturyLink is finding.