DENVER - June 3, 1998 - Qwest today announced the signing of an agreement with Princeton, NJ-based RCN Corporation. Under the terms of the agreement, Qwest will provide fiber lines - the physical network asset without electronics - to RCN along certain East Coast segments of the Qwest nationwide Macro CapacitySM Fiber Network.
?RCN is an innovative company, and we are very pleased to enter into this mutually beneficial agreement,? said Joseph P. Nacchio, president and CEO of Qwest. ?Purchasing fiber lines from Qwest?s Macro Capacity Fiber Network will give RCN unprecedented reliability, quality and speed, enabling them to deliver state-of-the-art data, cable TV and voice services to their growing customer base.?
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 on Form 10-Q, 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, volatility of stock price, financial risk management and future growth subject to risks.
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