BRIGHTSPEED ANNOUNCES INITIAL FIBRE BUILD

Publishing Date: Aug 17, 2022

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Brightspeed today announced that it will deliver, by the end of 2023, up to 14,000 new fibre passings in Beaufort County during the first phase of its fibre optics network build in the state of South Carolina. Brightspeed plans to add 36,000 fibre passings in the state in subsequent years of its build plan, for a total of up to 50,000 fibre-enabled locations across its South Carolina footprint.

Expanding access to faster, more reliable, and user-friendly internet is our number one priority,” said
Sherry Hessenthaler, operations strategy lead for Brightspeed. “High-quality broadband has never bee more important, whether for work, education, telemedicine, entertainment, or simply staying
connected. We are ready to hit the ground running with our deployment in Beaufort County and are
looking forward to introducing customers to our state-of-the-art Brightspeed products and services.

The South Carolina build is part of Brightspeed’s comprehensive plan to invest at least $2 billion in its
fibre optics transformation, which is expected to reach up to 3 million homes and businesses over the
next five years, including in many locations where fibre and advanced technology have not historically
been implemented.

In addition to our own network investment in South Carolina, we are thrilled for the opportunity to
further expand fibre-based internet access through participation in state and federal broadband
infrastructure grant programs as they arise,” added Hessenthaler.

Ensuring that South Carolinians have access to quality broadband has never been more important, but it requires communication, collaboration, and cooperation with partners in the private sector, like
Brightspeed,” said Governor Henry McMaster. “We’re grateful for Brightspeed’s investment in Beaufort
County and look forward to continuing our work together in this increasingly important endeavor.

South Carolina is among the 20 states that make up Brightspeed’s service territory, mainly in rural and
suburban regions of the country. Brightspeed will initially be comprised of incumbent local exchange
carrier (ILEC) assets and associated operations of Lumen Technologies (NYSE: LUMN), which are the
subject of a pending acquisition by Apollo-managed funds (NYSE: APO).

Brightspeed’s next-generation FTTP architecture is being engineered to accelerate deployment and
market availability. The company is utilizing innovative technologies including XGS-PON, capable of
symmetrical internet speeds exceeding 1Gbps, and Wi-Fi 6 for optimal performance and coverage to
support the increasing array of connected devices within homes and businesses.

Brightspeed plans to announce other state-specific network build plans in the coming weeks.

For more information about Brightspeed, visit the company’s website, www.brightspeed.com.

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