PORTLAND, Ore., June 6, 2003 ? Qwest Communications International Inc. (NYSE: Q) today announced that DSL is now available in Florence as a result of the company's investment to upgrade the local telecommunications network. With Qwest DSL, Florence residents can experience a high-speed, dedicated broadband connection that provides them with immediate access to the Internet. This deployment marks the completion of all Senate Bill 622 DSL implementations in rural Oregon.
"We are excited to be able to provide residents in Florence with a service that can simplify their personal lives and help their businesses run more effectively,? said Judy Peppler, Qwest president for Oregon. "Our investment is a result of the strong partnership that exists between Qwest and Florence."
Qwest?s expansion of DSL is a result of Senate Bill 622, passed by the Oregon Legislature in 1999. Senate Bill 622 allowed Qwest to invest $120 million in Oregon?s telecommunications infrastructure. Deploying DSL is one of the many rural network improvements made by Qwest as a result of this legislation. In rural Oregon, Qwest has also implemented voice mail, established high speed data networks and installed self-healing fiber rings that allow voice and data traffic to be instantly rerouted in the event of a service interruption as an outcome of this bill.
?I?m pleased that Qwest has invested in our area?s economic development by bringing high-speed broadband service to Florence,? said State Representative Joanne Verger. ?This gives our area another broadband option to help ensure continued economic growth and success and helps us remain competitive with other communities."
According to a February 2002 report (based on a recent U.S. Census Bureau population survey), Oregon has the fifth highest percentage of households in the nation with computers and it ranks fifth nationally for the number of homes with Internet access. With the completion of all Senate Bill 622 DSL implementations, even more Oregon residents and businesses can take advantage of high-speed Internet access.
With Qwest DSL, customers can surf the Internet at speeds ranging from 256 kilobits per second to 7 megabits per second, which ? at the highest DSL speed ? is approximately 125 times faster than a traditional 56K dial-up connection. With even the slowest speed of Qwest DSL service (256K), a customer is able to download a large, high-resolution photo in seconds versus more than a minute with a 56K dial-up connection.
Qwest?s high-speed service allows students to take classes remotely, friends and family to stay in touch, and businesses to communicate quickly, meet tight deadlines and operate bandwidth-intensive applications. Additional key benefits of DSL include:
- The ability to talk on the phone while surfing the Internet or reading e-mail
- Immediate access to the Internet ? no need to ever dial in again and no more busy signals when trying to connect to the Internet
- The ability to share the high-speed connection with everyone within a household or small business (wirelessly or through a wired set-up)
- Fast download of movie clips for easy previews at home
- Download photos or large files in seconds rather than minutes
- Download the latest games in seconds and interact with players from all over the world in near real-time
- Download music in minutes rather than hours
As part of the legislative agreement, Qwest provided $50 million for high-speed Internet connections to Oregon schools and two-way video connections for every Oregon high school, both inside and outside of Qwest territory. Every school was wired and every high school received its two-way video equipment before the end of 2001.
Over the last year, Qwest has expanded the availability of Qwest DSL in nearly 90 communities in 11 states. Customers who want to order Qwest DSL, or who want to know if they qualify for the service, can call 1-800-244-1111 (residential customers) or 1-800-603-6000 (small-business customers).
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company?s 50,000 employees are committed to the ?Spirit of Service? and providing world-class services that exceed customers? expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.
This release may contain projections and other 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 us with the Securities and Exchange Commission, 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 but not limited to: unanticipated delays in completing the process of our restatement of historical financial statements and related audits; the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; the effects of our anticipated restatement of historical financial statements including delays in or restrictions on our ability to access the capital markets or other adverse effects to our business and financial position; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures and certain transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; delays in making required public filings with the SEC; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; our future ability to provide interLATA services within our 14-state local service area; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete, including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; dependence on new product development and acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.
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