Denver, CO and New York, NY, July 26, 2001 ? Qwest Communications International Inc. (NYSE: Q) and AOL Time Warner (NYSE: AOL) today announced multi-year agreements under which Qwest will be a primary provider of high-speed access, dial-up access and other network services to AOL Time Warner. Qwest will also purchase advertising across AOL Time Warner's portfolio of online, print and television outlets.
AOL Time Warner will use Qwest's broadband network to deliver its industry-leading online services to millions of consumers. America Online has agreed to purchase services including DSL lines, network transport, as well as other network services in the United States, as part of its long-held strategy of providing easy and reliable access for consumers through a variety of platforms.
In a separate agreement, Qwest Communications, through KPNQwest (Nasdaq & ASE: KQIP), the leading pan-European IP data communications and hosting company, will provide America Online with macro-capacity bandwidth for delivering content and multimedia services to its European customers.
In addition, Qwest will advertise with AOL Time Warner's vast combination of media brands, including print advertising in publications such as FORTUNE and TIME magazines; television advertising on Turner Broadcasting properties; and online promotions through several America Online brands, to enhance Qwest's efforts to build brand awareness as a global communications services provider.
"We are extremely pleased that AOL Time Warner has decided to use Qwest's world-class, 113,000-mile broadband network to help support the delivery of services to America Online's members," said Joel Arnold, Qwest executive vice president of global business markets. "By expanding our existing relationship, Qwest will also reach more customers through AOL Time Warner's electronic and print media channels."
"We are pleased to extend and expand our successful relationship with Qwest, supporting our continued strategy of providing easy and reliable access to the AOL service for consumers through a variety of platforms," said Bob Pittman, co-COO, AOL Time Warner. "We are also happy to work with Qwest to support their advertising goals. Taking advantage of the many platforms AOL Time Warner can offer will put Qwest in front of a wide audience of potential new customers."
The wholesale network and DSL agreements build on a January 1999 relationship between Qwest and America Online in which Qwest delivered to AOL high-speed connectivity, private line and co-location services, as well as additional bandwidth to allow AOL to serve more customers.
About AOL Time Warner Inc.
AOL Time Warner (NYSE:AOL) is the world's first Internet-powered media and communications company, whose industry-leading businesses include interactive services, cable systems, publishing, music, TV networks and filmed entertainment.
Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband 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 113,000 miles globally. For more information, please visit the Qwest web site at www.qwest.com.
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