Denver, January 28, 1999 -- Qwest Communications International Inc. and KPN, the Dutch telecommunications company, today announced KPNQwest, their planned joint venture, has completed the first of six EuroRingsTM, and is now providing service to Amsterdam, Antwerp, Brussels, Dusseldorf, Frankfurt, Paris, Rotterdam and Strasbourg. This EuroRing extends 1,468 miles (2,416 kilometers).
"By completing the first EuroRing on our pan-European network two months ahead of schedule, we can accelerate our entry into the European data market and deliver advanced Internet protocol (IP)-based services to Europe?s largest economic centers," said Jack McMaster, acting CEO of KPNQwest. "Our customers will benefit by the venture delivering on the promises we made when our partnership was announced in mid-November." The joint venture is expected to close at the end of the first quarter of 1999 pending regulatory approvals.
KPNQwest will offer broadband services, as well as IP-based services designed for companies of all sizes. Through KPNQwest?s enormous amount of transatlantic capacity, the EuroRing network will be linked by the end of the first quarter in 1999 to Qwest?s technologically advanced 18,500-mile U.S. fiber optic network.
By April, 1999, Qwest will enable businesses in North America who have affiliates, customers and suppliers in Europe to seamlessly interconnect via a variety of Qwest?s data services, including broadband private line, frame relay, ATM (Asynchronous Transfer Mode) and IP-based VPNs (Virtual Private Networks).
KPNQwest?s pan-European high-capacity fiber optic network consists of bi-directional self-healing "EuroRings" for uninterrupted service. By the year 2002, KPNQwest plans to construct five additional rings connecting up to 40 major western, central and eastern European cities. Designed to transmit capacity at up to two terabits per second, the KPNQwest network will carry more information faster than any other communications network. More information about the planned KPNQwest joint venture can be found at http://jv.eu.net.
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers. Headquartered in Denver, Qwest has more than 8,000 employees and 80 sales offices in North America, Europe and Mexico. The Qwest Macro Capacity (SM) Fiber Network, designed with the newest optical networking, will span more than 18,500 route miles in the United States when it is completed in mid-1999. In addition, Qwest and KPN, the Dutch telecommunications company, have a venture to build and operate a high-capacity European fiber optic, Internet Protocol-based network that has 2,100 miles today and will span 9,100 miles when it is completed in 2002. Qwest also has nearly completed a 1,400-mile network in Mexico. Further information is available at http://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 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 complete the network on schedule and on budget, financial risk management and future growth subject to risks, Qwest?s ability to achieve Year 2000 compliance, adverse changes in the regulatory or legislative environment, and satisfactory negotiation and execution of definitive documentation.
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