EXHIBIT 99B.2 SELECTED CONSOLIDATED DATA (UNAUDITED) U S WEST, Inc. Quarter Ended Dollars in millions, September 30, % except per share amounts 1994 1993 Change - - ----------------------------------------------------------------- ------- U S WEST, Inc. SELECTED STATISTICS EBITDA (Note 1) $1,156 $1,044 10.7 EBITDA margin 41.8% 40.5% - Capital expenditures $731 $555 31.7 Return on common equity (Note 2) 18.9% - - Debt-to-capital ratio (Note 3) 51.9% 55.1%# - Dividends per common share $0.535 $0.535 - Average common shares outstanding (thousands) 454,997 417,081 9.1 Common shares outstanding (thousands) 455,622 417,634 9.1 Employees (Note 4) 61,167 61,704 (0.9) TELEPHONE COMPANY STATISTICS Access lines (thousands): Business 4,019 3,857 4.2 Consumer 10,156 9,838 3.2 Total access lines (Note 5) 14,175 13,695 3.5 Billed access minutes of use (millions): Interstate 10,930 10,171 7.5 Intrastate 2,159 1,894 14.0 Total access minutes of use 13,089 12,065 8.5 EBITDA (Note 1) $1,016 $927 9.6 EBITDA margin 44.8% 43.2% - Debt-to-capital ratio 61.2% 63.0%# - Capital expenditures $632 $502 25.9 Employees 48,315 50,339 (4.0) CELLULAR DATA Service revenue $168.2 $116.7 44.1 Equipment revenue $29.8 $16.2 84.0 Cellular service operating cash flow (EBITDA) $57.6 $35.6 61.8 Cellular service operating cash flow margin 34.2% 30.5% - Subscribers 821,000 517,000 58.8 Proportionate Subscribers (Note 6) 694,000 440,000 57.7 Total adjusted POPs (millions) 18.0 17.6 2.3 [FN] # As of December 31, 1993. Note 1: Earnings before interest, taxes, depreciation, amortization, and other (EBITDA). EBITDA excludes restructuring charges of $1,000 and $880 for U S WEST, Inc. and the telephone company, respectively. Note 2: 1993 ratio excluding one-time items is 14.9%. Note 3: 1994 ratio excludes preferred stock. 1994 and 1993 ratios including discontinued operations are 56.1% and 59.7%, respectively. Note 4: 1994 includes 797 additional employees due to the U.K. Thomson Directories acquisition and 360 fewer employees due to Paging sale. Note 5: Access line growth, excluding 1994 rural exchange sales of 38,000 lines, was 3.8%. Note 6: Proportionate subscribers represent the Company's proportionate ownership interest in its cellular operations.