Part 5/12:
Business segment: Revenue dropped 5% to nearly $9.89 billion, but within this segment, growth was seen in areas like dark fiber/IP services (+5% to $4.59 billion), indicating investments in high-demand infrastructure.
Mass Market segment: Experienced a 9% decline, with fiber broadband revenue increasing 20% to $883 million—likely due to recent fiber buildouts—but offset by declines in traditional copper broadband and voice services, which fell roughly 19-20%.
The overall picture indicates a company shifting focus from declining legacy products to higher-value, future-oriented services such as fiber optics and IP connectivity.