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EXHIBIT 99.2

QWEST COMMUNICATIONS INTERNATIONAL INC.

QUARTERLY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Dollars in millions)

						2004												2003
			2005 Q1
						Q4			Q3			Q2			Q1			Q4			Q3			Q2
Operating revenue			$	3,449		$	3,437		$	3,449		$	3,442		$	3,481		$	3,498		$	3,570		$	3,596
Operating expenses:
	Cost of sales:
		Facility costs		677			650			748			681			662			704			1,137			688
		Network expenses		66			66			73			66			57			82			81			70
		Employee-related costs		410			390			429			437			450			464			468			439
		Other non-employee related costs		286			296			298			302			285			293			276			278
	Total cost of sales			1,439			1,402			1,548			1,486			1,454			1,543			1,962			1,475
	Selling, general and administrative:
		Property and other taxes		99			78			112			115			81			97			114			115
		Bad debt		57			49			39			13			93			61			70			72
		Restructuring and severance related costs		15			53			2			127			15			46			37			16
		Employee-related costs		407			413			413			434			469			415			429			472
		Other non-employee related costs		458			477			695			797			496			629			455			480
	Total Selling, general and administrative			1,036			1,070			1,261			1,486			1,154			1,248			1,105			1,155
	Depreciation and amortization			774			783			779			784			777			798			796			789
	Impairments and other			—			36			34			43			—			—			230			—
Total operating expenses				3,249			3,291			3,622			3,799			3,385			3,589			4,093			3,419
Operating income (loss)				200			146			(173	)		(357	)		96			(91	)		(523	)		177
Other expense (income)
	Interest expense—net			381			366			374			394			397			436			437			444
	Other expense (income)—net			(242	)		(54	)		40			(111	)		12			(37	)		(18	)		(63	)
Total other expense (income)				139			312			414			283			409			399			419			381
Income tax benefit (expense)				(4	)		27			18			(136	)		3			108			256			79
Income (loss) from continuing operations				57			(139	)		(569	)		(776	)		(310	)		(382	)		(686	)		(125	)
Discontinued operations—net				—			—			—			—			—			(25	)		2,517			61
Net income (loss)			$	57		$	(139	)	$	(569	)	$	(776	)	$	(310	)	$	(407	)	$	1,831		$	(64	)

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EXHIBIT 99.2

QWEST COMMUNICATIONS INTERNATIONAL INC. QUARTERLY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions)