DENVER, August 4, 1997 -- Qwest Communications International Inc. (NASDAQ: QWST) today announced that it has activated a 1,277-mile section of its ultra-high-capacity fiber optic network, between Sacramento, CA and Denver, CO. This extends the Qwest network from Los Angeles through the Silicon Valley to Denver. Qwest?s customers in Colorado and California are now connected at the highest transmission speeds currently in use.
Construction on this section of the 13,000-mile fiber optic network Qwest is building was completed last month. Service was turned on today, linking Qwest?s telecommunications carrier, business and residence customers in the two states. Traffic over this portion of the network is managed through giant electronic switching centers in Denver and Los Angeles. With the completion of this segment, Qwest now has over 2,100 route miles of its network in service; when completed in late 1998, the Qwest network will offer reliable, ultra-high capacity service at low cost.
"We?re thrilled that we have extended America?s newest digital network to Colorado, our home state," said Joseph P. Nacchio, Qwest?s president and chief executive officer. "Colorado is the telecommunications capital of the world, and it?s fitting that the world?s most modern telecommunication and information network is now serving Denver. With this section going into service we have more than doubled the size of the network."
The system connecting Denver to California utilizes a cable that contains Qwest?s 48 optical fibers. Each pair of fibers can carry telephone calls, video signals, computer data or Internet traffic at 80 billion bits (gigabits) per second. When Qwest?s network reaches its fullest capacity--trillions of bits per second--it could transmit the entire contents of the Library of Congress coast to coast in 20 seconds.
Qwest is a facilities-based provider of communications services to interexchange carrier customers. Qwest?s construction crews are building a 13,000 mile U.S. network using the latest fiber optic technologies and wave-division multiplexing techniques to achieve potential capacities that are the highest in the industry today. By using self-healing SONET rings, and by burying cable in high-strength conduit four to five feet under railroad rights-of-way, Qwest offers superior security and reliability to its customers. Further information is available on the company?s Website located at http://www.qwest.net.
Note to Editors: This release contains or refers to forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that include, among others, (i) statements by Qwest concerning the benefits expected to result from certain transactions, including, without limitation, synergies in the form of increased revenues, decreased expenses and avoided expenses and expenditures that are expected to be realized by Qwest after the closing of such transactions, (ii) Qwest's plans to complete the Qwest Macro Capacity Fiber Network and (iii) other statements by Qwest of expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts. Qwest cautions the reader that these forward-looking statements are subject to risks and uncertainties, including financial, regulatory environment, and trend projections, that could cause actual events or results to differ materially from those expressed or implied by the statements. Such risks and uncertainties include those risks, uncertainties and risk factors identified, among other places, in documents filed with Securities and Exchange Commission. The most important factors that could prevent Qwest from achieving its stated goals include, but are not limited to, (a) failure by Qwest to manage effectively, cost efficiently and on a timely basis the construction of the Qwest Network route segments, (b) failure by Qwest to enter into additional customer contracts to sell dark fiber or provide high-volume capacity and otherwise expand its telecommunications customer base on the Qwest Network, (c) failure by Qwest to obtain and maintain all necessary rights-of-way, (d) intense competition in Qwest's carrier services and commercial services markets, (e) the potential for rapid and significant changes in technology and their effect on Qwest's operations, (f) operating and financial risks related to managing rapid growth and integrating acquired businesses, (g) adverse changes in the regulatory environment, and (h) failure by Qwest to integrate the respective operations of Qwest and certain acquired businesses or to achieve the synergies expected from certain transactions. These cautionary statements should be considered in connection with any subsequent written or oral forward-looking statements that may be issued by Qwest or persons acting on its behalf. 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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