DENVER, December 8, 1999 ? Qwest Communications International Inc. (Nasdaq: QWST), the broadband Internet communications company, today announced completion of a 4,300-mile high-speed fiber-optic network in Canada. The new network gives Qwest a North American fiber-optic presence that stretches more than 24,500 miles.
The Canadian network, which is an asset exchange between Qwest and Worldwide Fiber Inc. of Vancouver, has 12 fibers in its Western section and 24 fibers in its Eastern section with Minneapolis being the dividing point between east and west.
Starting in the first quarter of next year, Qwest will use the Canadian network to carry high-bandwidth data and image communications from its other two North American, transcontinental routes as well as delivering a wide variety of broadband Internet solutions, including dedicated access, Web site and application hosting, and electronic commerce applications.
With the new network, Qwest will add broadband access and hosting facilities to serve customers in major markets including Montreal, Toronto and Vancouver. The Canadian facilities will connect with Qwest's U.S. broadband network in Seattle, Minneapolis and Buffalo, New York.
"With the addition of our Canadian network, Qwest has the assets necessary to meet customer needs in North America and to connect globally to our networks in Europe and the Asia Pacific region," said Joseph P. Nacchio, Qwest's chairman and CEO.
"We will use the latest advances in optical networking equipment to light the new Canadian fiber, which will assure the same high standards of quality and reliability as the rest of Qwest's industry-leading broadband facilities."
Qwest Communications International Inc. (Nasdaq: QWST) 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 24,500 miles in North America. In addition, KPNQwest (Nasdaq: KQIP), Qwest's European joint venture with KPN, the Dutch telecommunications company, is building and will operate a high-capacity European fiber optic, Internet-based network that will span 9,150 miles when it is completed in 2001. 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 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, Qwest's ability to achieve Year 2000 compliance, adverse changes in the regulatory or legislative environment, and failure to complete the merger with U S WEST and achieve projected synergies and financial results timely or at all. The provision of services in Canada will be subject to certain legal and regulatory restrictions, including possible restrictions on the ownership of telecommunications facilities by non-Canadian persons. 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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