Corvex Management SC 13D tw telecom / Corvex Management ownership change

EXHIBIT 2

TRANSACTIONS

The following table sets forth all transactions with respect to Shares effected in the last sixty days by the Reporting Persons on behalf of the Reporting Persons in respect of the Shares, inclusive of any transactions effected through 4:00 p.m., New York City time, on May 8, 2013. Except as otherwise noted below, all such transactions were purchases or sales of Shares effected in the open market, and the table includes commissions paid in per share prices.

			AMOUNT			PRICE PER
	DATE OF		OF			SHARE/PREMIUM
NATURE OF TRANSACTION	TRANSACTION		SECURITIES			PER OPTION
Open Market Purchase Transaction		9/13/2012		58,300			25.73
Open Market Purchase Transaction		9/14/2012		65,000			25.73
Open Market Purchase Transaction		11/6/2012		47,311			24.58
Open Market Purchase Transaction		11/6/2012		75,000			24.62
Open Market Purchase Transaction		12/4/2012		100,000			25.30
Open Market Purchase Transaction		12/6/2012		35,000			25.39
Open Market Purchase Transaction		12/7/2012		15,000			25.32
Open Market Purchase Transaction		12/7/2012		71,800			25.21
Open Market Purchase Transaction		12/10/2012		44,800			25.07
Open Market Purchase Transaction		12/10/2012		75,000			25.09
Open Market Purchase Transaction		12/11/2012		50,000			25.17
Open Market Purchase Transaction		12/11/2012		1,500			25.11
Open Market Purchase Transaction		12/11/2012		11,715			25.21
Open Market Purchase Transaction		12/11/2012		94,800			25.18
Open Market Purchase Transaction		12/12/2012		50,000			25.37
Open Market Purchase Transaction		12/13/2012		50,000			25.68
Open Market Purchase Transaction		12/14/2012		100,000			25.21
Open Market Purchase Transaction		12/14/2012		89,483			25.07
Open Market Purchase Transaction		12/17/2012		74,400			25.11
Open Market Purchase Transaction		12/17/2012		50,000			25.08
Open Market Purchase Transaction		12/18/2012		3,800			25.16
Open Market Purchase Transaction		12/19/2012		80,000			25.51
Open Market Purchase Transaction		12/20/2012		40,000			25.46
Open Market Purchase Transaction		12/20/2012		65,000			25.49
Open Market Purchase Transaction		12/21/2012		100,000			25.37
Open Market Purchase Transaction		12/24/2012		35,000			25.55
Open Market Purchase Transaction		12/26/2012		99,200			25.55
Open Market Purchase Transaction		12/26/2012		15,000			25.62
Open Market Purchase Transaction		12/27/2012		70,000			25.41
Open Market Purchase Transaction		12/28/2012		52,500			25.42
Open Market Purchase Transaction		12/31/2012		89,000			25.35
Open Market Purchase Transaction		12/31/2012		12,745			25.13
Open Market Purchase Transaction		12/31/2012		150,000			25.24
Open Market Purchase Transaction		12/31/2012		85,670			25.20
Open Market Purchase Transaction		1/2/2013		47,600			25.97
Open Market Purchase Transaction		1/3/2013		25,300			26.28
Open Market Purchase Transaction		1/3/2013		10,000			26.21
Open Market Purchase Transaction		1/7/2013		155,000			26.32
Purchase of Call Options		1/4/2013		57,500	(1)		8.43	(2)
Purchase of Call Options		1/7/2013		30,000	(1)		8.36	(2)
Purchase of Call Options		1/8/2013		17,500	(1)		8.39	(2)
Purchase of Call Options		1/9/2013		175,000	(1)		8.59	(2)
Purchase of Call Options		1/10/2013		307,700	(1)		8.46	(2)
Purchase of Call Options		1/11/2013		50,000	(1)		8.44	(2)
Purchase of Call Options		1/14/2013		17,800	(1)		8.55	(2)
Purchase of Call Options		1/15/2013		68,800	(1)		8.53	(2)
Purchase of Call Options		1/16/2013		80,000	(1)		8.61	(2)
Purchase of Call Options		1/17/2013		150,000	(1)		8.74	(2)

Purchase of Call Options	1/18/2013	102,000	(1)	8.80	(2)
Purchase of Call Options	1/22/2013	53,600	(1)	8.90	(2)
Purchase of Call Options	1/23/2013	50,000	(1)	9.17	(2)
Purchase of Call Options	1/24/2013	37,500	(1)	9.19	(2)
Purchase of Call Options	1/25/2013	1,000	(1)	9.19	(2)
Purchase of Call Options	1/28/2013	4,500	(1)	9.19	(2)
Purchase of Call Options	1/29/2013	250,000	(1)	9.39	(2)
Purchase of Call Options	1/30/2013	100,000	(1)	9.52	(2)
Purchase of Call Options	1/31/2013	262,500	(1)	9.65	(2)
Purchase of Call Options	2/1/2013	50,000	(1)	9.79	(2)
Purchase of Call Options	2/4/2013	100,000	(1)	9.76	(2)
Purchase of Call Options	2/5/2013	54,500	(1)	10.00	(2)
Purchase of Call Options	2/8/2013	109,000	(1)	9.80	(2)
Purchase of Call Options	2/12/2013	349,000	(1)	8.27	(2)
Purchase of Call Options	2/15/2013	200,000	(1)	8.15	(2)
Purchase of Call Options	2/20/2013	150,000	(1)	7.96	(2)
Purchase of Call Options	2/21/2013	126,400	(1)	7.78	(2)
Purchase of Call Options	2/25/2013	116,600	(1)	7.44	(2)
Purchase of Call Options	2/26/2013	100,000	(1)	7.05	(2)
Purchase of Call Options	2/27/2013	45,000	(1)	7.13	(2)
Purchase of Call Options	2/28/2013	50,000	(1)	7.45	(2)
Purchase of Call Options	3/1/2013	120,000	(1)	7.17	(2)
Purchase of Call Options	3/4/2013	85,000	(1)	7.22	(2)
Purchase of Call Options	3/5/2013	115,000	(1)	7.13	(2)
Purchase of Call Options	3/6/2013	125,000	(1)	7.04	(2)
Purchase of Call Options	3/7/2013	100,000	(1)	6.99	(2)
Purchase of Call Options	3/8/2013	6,800	(1)	7.03	(2)
Purchase of Call Options	3/11/2013	52,600	(1)	6.94	(2)
Purchase of Call Options	3/12/2013	100,000	(1)	6.83	(2)
Purchase of Call Options	3/13/2013	42,600	(1)	6.79	(2)
Purchase of Call Options	3/14/2013	38,800	(1)	6.79	(2)
Purchase of Call Options	3/15/2013	100,000	(1)	6.73	(2)
Purchase of Call Options	3/18/2013	83,300	(1)	6.62	(2)
Purchase of Call Options	3/19/2013	1,000	(1)	6.59	(2)
Purchase of Call Options	3/22/2013	100,000	(1)	6.71	(2)
Purchase of Call Options	3/25/2013	100,000	(1)	6.64	(2)
Purchase of Call Options	3/26/2013	150,000	(1)	6.57	(2)
Purchase of Call Options	3/27/2013	177,000	(1)	6.43	(2)
Purchase of Call Options	3/28/2013	204,400	(1)	6.90	(2)
Purchase of Call Options	4/1/2013	79,100	(1)	7.00	(2)
Purchase of Call Options	4/30/2013	190,000	(1)	9.06	(2)
Purchase of Call Options	5/7/2013	850,000	(1)	9.11	(2)
Purchase of Call Options	5/8/2013	288,000	(1)	9.23	(2)
Sale of Put Options	1/4/2013	57,500	(3)	0.01	(4)
Sale of Put Options	1/7/2013	30,000	(3)	0.01	(4)
Sale of Put Options	1/8/2013	17,500	(3)	0.01	(4)
Sale of Put Options	1/9/2013	175,000	(3)	0.01	(4)
Sale of Put Options	1/10/2013	307,700	(3)	0.01	(4)
Sale of Put Options	1/11/2013	50,000	(3)	0.01	(4)
Sale of Put Options	1/14/2013	17,800	(3)	0.01	(4)
Sale of Put Options	1/15/2013	68,800	(3)	0.01	(4)

Sale of Put Options	1/16/2013	80,000	(3)	0.01	(4)
Sale of Put Options	1/17/2013	150,000	(3)	0.01	(4)
Sale of Put Options	1/18/2013	102,000	(3)	0.01	(4)
Sale of Put Options	1/22/2013	53,600	(3)	0.01	(4)
Sale of Put Options	1/23/2013	50,000	(3)	0.01	(4)
Sale of Put Options	1/24/2013	37,500	(3)	0.01	(4)
Sale of Put Options	1/25/2013	1,000	(3)	0.01	(4)
Sale of Put Options	1/28/2013	4,500	(3)	0.01	(4)
Sale of Put Options	1/29/2013	250,000	(3)	0.01	(4)
Sale of Put Options	1/30/2013	100,000	(3)	0.01	(4)
Sale of Put Options	1/31/2013	262,500	(3)	0.01	(4)
Sale of Put Options	2/1/2013	50,000	(3)	0.01	(4)
Sale of Put Options	2/4/2013	100,000	(3)	0.01	(4)
Sale of Put Options	2/5/2013	54,500	(3)	0.01	(4)
Sale of Put Options	2/8/2013	109,000	(3)	0.01	(4)
Sale of Put Options	2/12/2013	349,000	(3)	0.01	(4)
Sale of Put Options	2/15/2013	200,000	(3)	0.01	(4)
Sale of Put Options	2/20/2013	150,000	(3)	0.01	(4)
Sale of Put Options	2/21/2013	126,400	(3)	0.01	(4)
Sale of Put Options	2/25/2013	116,600	(3)	0.01	(4)
Sale of Put Options	2/26/2013	100,000	(3)	0.01	(4)
Sale of Put Options	2/27/2013	45,000	(3)	0.01	(4)
Sale of Put Options	2/28/2013	50,000	(3)	0.01	(4)
Sale of Put Options	3/1/2013	120,000	(3)	0.01	(4)
Sale of Put Options	3/4/2013	85,000	(3)	0.01	(4)
Sale of Put Options	3/5/2013	115,000	(3)	0.01	(4)
Sale of Put Options	3/6/2013	125,000	(3)	0.01	(4)
Sale of Put Options	3/7/2013	100,000	(3)	0.01	(4)
Sale of Put Options	3/8/2013	6,800	(3)	0.01	(4)
Sale of Put Options	3/11/2013	52,600	(3)	0.01	(4)
Sale of Put Options	3/12/2013	100,000	(3)	0.01	(4)
Sale of Put Options	3/13/2013	42,600	(3)	0.01	(4)
Sale of Put Options	3/14/2013	38,800	(3)	0.01	(4)
Sale of Put Options	3/15/2013	100,000	(3)	0.01	(4)
Sale of Put Options	3/18/2013	83,300	(3)	0.01	(4)
Sale of Put Options	3/19/2013	1,000	(3)	0.01	(4)
Sale of Put Options	3/22/2013	100,000	(3)	0.01	(4)
Sale of Put Options	3/25/2013	100,000	(3)	0.01	(4)
Sale of Put Options	3/26/2013	150,000	(3)	0.01	(4)
Sale of Put Options	3/27/2013	177,000	(3)	0.01	(4)
Sale of Put Options	3/28/2013	204,400	(3)	0.01	(4)
Sale of Put Options	4/1/2013	79,100	(3)	0.01	(4)
Sale of Put Options	4/30/2013	190,000	(3)	0.01	(4)
Sale of Put Options	5/7/2013	850,000	(3)	0.01	(4)
Sale of Put Options	5/8/2013	288,000	(3)	0.01	(4)

(1) Represents shares underlying American-style call options purchased in the over the counter market. These call options expire on February 28, 2014.

(2) This amount represents the cost of an applicable American-style call option to purchase one Share. The per share exercise price of these call options is $18.00. This exercise price will be adjusted to account for any dividends or other distributions declared by the Issuer prior to exercise of the options.

(3) Represents shares underlying European-style put options sold in the over the counter market. These put options expire on the earlier of February 28, 2014 or the date on which the corresponding American-style call option described in footnote 1 is exercised.

(4) This amount represents the proceeds received from an applicable European-style put option to sell one Share. The per share exercise price of these put options is $18.00. The exercise price will be adjusted to account for any dividends or other distributions declared by the Issuer prior to the exercise of the options.