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RISK: This is a play on revenue and EBITDA growth returning before year end 2026 (Revenue 2029). This is a high risk investment.

LUMN Forecast As Of Recent Earnings Report And Conference Call
2/27/26 5th draft

 
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FCF impacted by tax hits and PCF sales

FCF impacted by tax hit

3rd Qtr 2026 FCF includes a tax refund of 400m and a tax hit of 950m as a result of the ATT divestiture

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