Denver, September 6, 2000 — Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, today announced that it has been awarded two contracts worth $143 million to provide local telecommunications services to federal government agencies in Albuquerque, NM, and Boise, ID.
Under the eight-year contract, which includes four additional one-year options, Qwest will provide data and local switched voice services, as well as dedicated transmission services to government users in Albuquerque and Boise.
"Qwest bid aggressively to win back Albuquerque and retain Boise and we applaud GSA for introducing competition in these frequently under-served markets," said James F.X. Payne, senior vice president, Qwest Government Systems Division.
"Winning these awards demonstrates Qwest's ability to provide the government with high quality service over our unmatched broadband Internet network at a great savings to U. S. taxpayers," Payne said.
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, Inc. 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 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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