DENVER, JUNE 21, 2001 ? Qwest Communications International Inc. (NYSE: Q), the broadband Internet communications company, today announced that it beat its own goal by seven months to operate local broadband networks in 25 major markets outside its 14-state local service territory by the end of 2001.
?Reaching our goal seven months early demonstrates Qwest?s commitment to efficiency and operational excellence,? said Augie Cruciotti, president of Qwest Local Broadband services. ?Qwest is bringing broadband Internet access to areas all across the nation, which means that more people than ever before can take advantage of Qwest?s high-speed network, quality Internet access and valuable services. We are well on target to achieve our goals.?
Qwest?s services give small-businesses and consumers broadband Internet connections starting at 256 Kilobits per second and up to 7 Megabits per second. These high-speed connections give customers direct access to Qwest?s 113,000-mile Internet network; its 16 North American CyberCenterSM hosting facilities; and the company?s entire portfolio of broadband applications and services.
?A provider having its own local fiber network is an advantage,? said TeleChoice analyst, Adam Guglielmo. ?The local network is the root from which all other services branch out, so it?s essential that it is fast, reliable and secure.?
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 113,000 miles globally. 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 Qwest 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, volatility of Qwest?s stock price, intense competition in the communications services market, changes in demand for Qwest?s 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, rapid and significant changes in technology and markets, adverse changes in the regulatory or legislative environment affecting Qwest?s business and delays in Qwest?s ability to provide interLATA services within its 14-state local service territory, failure to maintain rights of way, and failure to achieve the projected synergies and financial results expected to result from the acquisition of U S WEST timely or at all and difficulties in combining the operations of Qwest and 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.
The Qwest logo is a registered trademark of, and CyberCenter is a service mark of, Qwest Communications International Inc. in the U.S. and certain other countries.