CenturyLink CEO: Fiber wins over 5G, wireless and hybrid fiber coax

CenturyLink is defining itself as the go-to provider of fiber-based services for business customers, according to CenturyLink CEO Jeff Storey. "We know that when we have a building on-net, our fiber-based services provide a better, more reliable and higher margin solution than competing infrastructure," Storey said on the earnings conference call. "Fiber beats twisted-pair copper, hybrid fiber-coax, and it beats wireless, whether it's 5G or not, fiber wins. It's highly flexible and increasing speeds, it is secure and really is the basis for all the other competing technologies. We just do one thing differently. We take fiber all the way to the customer, and customers always want fiber when they can get it. You can expect us to continue investing to expand the reach of our access fiber network."