WASHINGTON, D.C., April 1, 2003? Qwest Communications International Inc. (NYSE:Q) today announced a new contract modification to sell high-speed data services to federal agencies through its Seattle Metropolitan Area Acquisition (MAA) contract. This contract modification is part of the General Services Administration (GSA) Federal Technology Service (FTS) Long Distance Crossover program.
With this new contract modification, Qwest can offer federal agencies high-bandwidth, point-to-point private line services ? available under this contract are 155 Megabits per second (Mbps), 622 Mbps and 2.5 Gigabits per second connections. Qwest?s digital private line services protect critical data traffic and provide exceptional reliability and accessibility.
?Qwest?s private line services provide the federal government with a competitive source for meeting its increasing bandwidth demand,? said James F. X. Payne, senior vice president and general manager of Qwest?s Government Services Division. ?We applaud the GSA for its efforts to make emerging services more readily available to federal agencies.?
With this contract modification, Qwest offers federal agencies two high-bandwidth private line services: Qwest Private Line and QWave. Qwest Private Line harnesses the power of Qwest?s SONET backbone architecture while QWave is an optical wavelength service that employs DWDM technology. Both offerings provide a highly reliable, 100 percent digital connection, while Qwest QWave provides an economical alternative to private line services for agencies that want greater control of their broadband services.
GSA Crossover Program
The MAA contracts enable contract holders to expand the portfolio of services they can offer to the federal government. The GSA MAA Crossover program allows MAA providers that have met certain criteria to ?cross over? and modify their contracts to offer federal government agencies alternative choices for long-distance and local telecommunications services.
Federal government agencies currently can purchase local telecommunications services under MAA contracts. In January 2002, Qwest became the first such MAA provider to be granted this approval.
Through its crossover program, Qwest offers federal customers a wide range of services, including Web hosting services, network-based virtual private networks (VPN), and now high-bandwidth private line services.
Qwest holds MAA contracts that cover the Denver; Albuquerque, N.M.; Boise, Idaho; Minneapolis; Seattle; and Salt Lake City metro areas.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company?s 50,000-plus employees are committed to the ?Spirit of Service? and providing world-class services that exceed customers? expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.
This release may contain projections and other 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 us 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 but not limited to: the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; the effects of our anticipated restatement of historical financial statements including delays in or restrictions on our ability to access the capital markets or other adverse effects to our business and financial position; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; our future ability to provide interLATA services within our 14-state local service area; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete, including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; changes in demand for our products and services; dependence on new product development and acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses; adverse changes in the regulatory or legislative environment affecting our business; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.
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