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EXHIBIT 99B.2
SELECTED CONSOLIDATED DATA (UNAUDITED) U S WEST, Inc.
Quarter Ended
Dollars in millions, December 31, %
except per share amounts 1994 1993 Change
- - ---------------------------------------------------------- ----------
U S WEST, Inc. SELECTED STATISTICS
EBITDA (Note 1) $1,116 $1,063 5.0
EBITDA margin 39.3% 39.9% -
Capital expenditures $862 $880 (2.0)
Return on common equity 23.4% 19.9% -
Debt-to-capital ratio (Note 2) 51.8% 55.1% -
Dividends per common share $0.535 $0.535 -
Common shares outstanding (thousands) 469,343 441,140 6.4
Employees (Note 3) 61,505 60,778 1.2
TELEPHONE COMPANY STATISTICS
Access lines (thousands):
Business 4,079 3,899 4.6
Consumer 10,257 9,944 3.1
Total access lines (Note 4) 14,336 13,843 3.6
Billed access minutes of use
(millions):
Interstate 11,331 10,492 8.0
Intrastate 2,225 1,978 12.5
Total access minutes of use 13,556 12,470 8.7
EBITDA (Note 1) $1,009 $956 5.5
EBITDA margin 44.4% 43.1% -
Debt-to-capital ratio 60.9% 63.0% -
Capital expenditures $712 $780 (8.7)
Employees 47,493 49,668 (4.4)
<FN>
<F1>
Note 1: Earnings before interest, taxes, depreciation, amortization,
and other. EBITDA also excludes gains on sales of assets and equity
losses.
<F2>
Note 2: 1994 Ratio excludes preferred stock. 1994 and 1993 Ratios
including discontinued operations are 55.5% and 59.7%, respectively.
<F3>
Note 3: 1994 Includes 797 additional employees due to the U.K. Thomson
Directories acquisition, 903 due to the December 1994 acquisition of
the Atlanta cable properties and 360 fewer employees due to the sale of
Paging operations.
<F4>
Note 4: Access line growth, excluding 1994 rural exchange
sales of 60,000 lines, was 4.0%.
</FN>
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SELECTED CONSOLIDATED DATA (UNAUDITED) U S WEST, Inc.
Quarter Ended
Dollars in millions, December 31, %
except per share amounts 1994 1993 Change
- - ---------------------------------------------------------- ----------
DOMESTIC CELLULAR DATA
Service revenue $178.7 $124.3 43.8
Equipment revenue $38.8 $24.0 61.7
Cellular service operating
cash flow (EBITDA) $43.4 $39.8 9.0
Cellular service operating
cash flow margin 24.3% 32.0% -
Cellular subscribers (consolidated) 968,000 601,000 61.1
Cellular subscribers (proportionate) 817,000 509,000 60.5
Total adjusted POPs (millions) 18.0 17.6 2.3
CABLE TELEVISION DATA (Note 5)
(Wholly Owned Subsidiary)
Basic subscribers served 486,000 448,000 8.5
Pay units 275,000 268,000 2.6
Homes passed 814,000 783,000 4.0
Basic penetration 59.7% 57.2% -
<FN>
<F1>
Note 5: U S WEST acquired the Atlanta cable TV properties on
December 6, 1994. The 1993 data is presented for comparative
purposes only.
</FN>