DENVER – August 2, 2000 – American Express Company (NYSE: AXP) and Qwest Communications International, Inc. (NYSE: Q) today announced a marketing alliance to provide simple low rates on long distance calling and a broad range of Qwest telecom services to more than two million American Express small business customers.
The key benefit for small businesses is a 6 cents a minute interstate calling rate with no monthly fees or term commitments. The program also provides fee-free use of the first toll-free telephone line and a 17-cent per minute calling card with no connection fees.
- Additional benefits include:
- an optional international calling plan discounted at 50 percent
- 80 percent off additional toll-free numbers and enhanced toll-free services
- a 90-day satisfaction guarantee
Qwest is the newest partner to join the Everyday Savings program, a benefit for American Express Small Business Corporate Cardmembers. Everyday Savings provides significant discounts from other industry leading partners, including FedEx, Hertz, Hilton, IBM and Mobil.
"By joining forces, American Express and Qwest will enable small business owners to save on something they use everyday to grow their business," said Jim Blann, Senior Vice President, American Express Small Business Services. "This represents another great partnership in our Everyday Savings program, one more way the American Express Corporate Card helps small business save more, online and off."
"We are proud to be associated with one of the premier names in financial services through our relationship with American Express," said Roger Attick, senior vice president of alternate channel sales for Qwest. "Like American Express, Qwest also is committed to bringing high-quality, value-added services to small business. Our long-distance and broadband Internet services are tailor-made to help small businesses succeed."
American Express Small Business Corporate Cardmembers interested in signing up for this long distance program should call Qwest at 1 888 977-7799. For those small businesses interested in applying for an American Express Corporate Card, call 1 800 SUCCESS or visit www.americanexpress.com/smallbusiness.
About American Express
American Express Travel Related Services Company, Inc. is a diversified worldwide travel and financial services company founded in 1850. TRS is a wholly owned subsidiary of the American Express Company and is a leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, insurance, accounting and international banking. American Express Small Business Services provides a broad range of credit and capital products, as well as tax and business management and travel-related services through the American Express Corporate Card. The company operates the Small Business Exchange, an on-line community for entrepreneurs found at www.americanexpress.com/smallbusiness.
Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband Internet-based data, voice and image communications for businesses and consumers. The Qwest Macro Capacity® Fiber Network, designed with the newest optical networking equipment for speed and efficiency, spans more than 104,000 miles globally. For more information, please visit the Qwest web site at www.qwest.com.
This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Qwest and U S WEST with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in quarterly results, dependence on new product development, rapid technological and market change, failure to maintain rights of way, financial risk management and future growth subject to risks, adverse changes in the regulatory or legislative environment, and failure to achieve the synergies and financial results expected from the acquisition of U S WEST. This release may include analysts' estimates and other information prepared by third parties, for which Qwest assumes no responsibility. Qwest undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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