CenturyLink 4Q Enterprise Network Revenue Up 6%

centurylink logoCenturyLink (NYSE: CTL) has announced both fourth quarter and full-year financial results to conclude its 2012 fiscal year.

Revenue in the enterprise markets-network segment, which works with enterprise and government customers, grew 5.7 percent over the prior year period to $671 million.

Recurring revenue grew 4.5 percent year-over-year, representing the fourth straight sequential quarter of recurring revenue growth, CenturyLink said.

Strategic revenue increased 7.8 percent over the prior year period to $346 million and the company attributed the increase to high-bandwidth services such as MPLS and Ethernet.

Within the enterprise markets-data hosting segment, including Savvis, operating revenue increased 12.7 percent over the prior year period to $292 million.

Colocation revenue grew 9.6 percent to $114 million and managed hosting revenue grew 21.2 percent to $120 million, including $13 million from Savvis’ October 2012 acquisition of Ciber Inc.’s (NYSE: CBR) global information technology outsourcing business.

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