EXHIBIT 99.1 CONSOLIDATED STATEMENTS OF OPERATIONS U S WEST COMMUNICATIONS, INC. (UNAUDITED) (Telephone Operations Only) Quarter Ended Year Ended December 31, % December 31, % In millions 1999 1998 Change 1999 1998 Change OPERATING REVENUES Local service $ 1,996 $ 1,835 8.8 $ 7,773 $ 7,124 9.1 Access services 691 671 3.0 2,731 2,662 2.6 Long-distance services 109 184 (40.8) 568 779 (27.1) Other services 130 85 52.9 392 306 28.1 Total operating revenues 2,926 2,775 5.4 11,464 10,871 5.5 OPERATING EXPENSES Employee-related 977 880 11.0 3,696 3,430 7.8 Other operating 611 723 (15.5) 2,515 2,685 (6.3) Depreciation & amort 580 558 3.9 2,293 2,138 7.2 Total operating expenses 2,168 2,161 0.3 8,504 8,253 3.0 Operating income 758 614 23.5 2,960 2,618 13.1 Interest expense 114 98 16.3 403 386 4.4 Other expense 4 6 (33.3) 37 82 (54.9) Income before income taxes 640 510 25.5 2,520 2,150 17.2 Income tax provision 245 185 32.4 958 815 17.5 NET INCOME $ 395 $ 325 21.5 $ 1,562 $ 1,335 17.0