Lumen Technologies, Inc. (LUMN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, greetings and welcome to Lumen Technologies second quarter 2025 earnings call. During the presentation, all participants will be in a listen only mode. Afterwards, we will conduct a question and answer session. At that time, if you have a question, please press star followed by the number one on your telephone keypad. If at any time during the conference you need to reach an operator, please press star zero. As a reminder, this conference is being recorded Thursday, July 31st, 2025. I would now like to turn the conference over to Jim Breen, Senior Vice President Investor Relations. Please go ahead. Good afternoon, everyone. And thank you for joining Lumen Technologies on today's call. On the call today are Kate Johnson, President and Chief Executive Officer, and Chris Stansbury, Executive Vice President, Chief Financial Officer. Before we begin, this conference call may include forward-looking statements subject to certain risks and uncertainties. All forward-looking statements should be considered in conjunction with the cautionary statements and the risk factors in our SEC filings. We'll be referring to certain non-GAAP financial measures reconciled to the most comparable GAAP measures, which could be found in our earnings press release. In addition, certain metrics to assess today exclude costs for special items as detailed in our earnings materials, which can be found on the investor relations section of the website. With that, I'll turn the call over to Kate. Thanks, Jim, and thanks to everybody for joining the call. I'm happy to share that Lumen had a very productive quarter. We announced the sale of our consumer fiber to the home business AT&T for 5.75 billion, providing us strategic clarity and a path to financial freedom. We signed near...