QuickLinks -- Click here to rapidly navigate through this document

Exhibit 99.2

QWEST COMMUNICATIONS INTERNATIONAL INC.

QUARTERLY STATEMENTS OF OPERATIONS
(UNAUDITED)

			2008												2007											2006
			Q4			Q3			Q2			Q1			Q4			Q3			Q2		Q1			Q4			Q3			Q2			Q1
			(Dollars in millions)
Operating revenue			$	3,315		$	3,379		$	3,382		$	3,399		$	3,435		$	3,434		$	3,463	$	3,446		$	3,488		$	3,487		$	3,472		$	3,476
Operating expenses:
	Cost of sales (exclusive of depreciation and amortization):
		Facility costs		463			550			552			556			550			558			567		589			642			597			622			628
		Employee-related costs		308			373			314			375			339			347			347		350			349			377			349			349
		Equipment sales costs		121			146			137			119			151			127			122		118			136			117			120			137
		Other		131			163			146			131			144			140			133		121			135			133			126			122
	Total cost of sales			1,023			1,232			1,149			1,181			1,184			1,172			1,169		1,178			1,262			1,224			1,217			1,236
	Selling:
		Employee-related costs		291			295			291			292			281			287			293		279			292			293			272			273
		Marketing, advertising and external commissions		148			151			139			149			164			153			150		135			150			144			141			147
		Other		112			129			102			109			101			110			102		107			122			112			93			106
	Total selling			551			575			532			550			546			550			545		521			564			549			506			526
	General, administrative and other operating:
		Employee-related costs		139			121			110			119			112			118			118		144			178			177			175			180
		Taxes and fees		148			155			123			163			161			164			178		159			124			181			161			184
		Real estate and occupancy cost		106			117			114			117			109			114			111		111			113			113			108			112
		Other		188			126			212			173			186			518			193		202			167			152			196			193
	Total general, administrative and other operating			581			519			559			572			568			914			600		616			582			623			640			669
	Depreciation and amortization			601			599			578			576			613			619			615		612			695			691			693			691
Total operating expenses				2,756			2,925			2,818			2,879			2,911			3,255			2,929		2,927			3,103			3,087			3,056			3,122
Other expense (income)—net:
	Interest expense—net			251			252			257			261			267			272			274		282			284			291			298			296
	Other—net			5			(27	)		(4	)		3			(3	)		(9	)		14		(5	)		(84	)		(42	)		(17	)		(28	)
Total other expense (income)—net				256			225			253			264			264			263			288		277			200			249			281			268
Income (loss) before income taxes				303			229			311			256			260			(84	)		246		242			185			151			135			86
Income tax (expense) benefit				(118	)		(78	)		(123	)		(99	)		106			2,149			—		(2	)		9			43			(18	)		2
Net income			$	185		$	151		$	188		$	157		$	366		$	2,065		$	246	$	240		$	194		$	194		$	117		$	88

QuickLinks

QWEST COMMUNICATIONS INTERNATIONAL INC. QUARTERLY STATEMENTS OF OPERATIONS (UNAUDITED)