DENVER, August 4, 2004 ? Qwest Communications International Inc. (NYSE: Q) today introduced business shared plans ? a new set of wireless calling plans for medium-sized and large-business customers. Available to customers in Qwest?s local service region, the plans offer shared nationwide wireless service to help business customers improve communication with their customers and colleagues.
Qwest?s business shared plans offer customers unique bundling of wireless services with their existing Qwest wireline and data services, resulting in convenient billing and competitive pricing. The plans start as low as $220.49 for 3,500 minutes when customers combine their wireless service with any other Qwest service on a single bill.
Studies indicate Qwest wireless business customers use nearly 29 percent of their minutes to call colleagues? and employees? wireless phones. To help customers save on those costs, Qwest?s business shared plans include free, unlimited nationwide calling between plan members while on the network. Additionally, when customers combine their office and wireless services on one bill, Qwest offers free, unlimited calls between their main office numbers and their wireless phones while on the network. The primary use location of all phones on the plan must be within the same local service area.
"Qwest?s new wireless calling plans for business customers offer greater choice and flexibility for cost-effective, nationwide wireless communications," said Clifford S. Holtz, executive vice president for Qwest?s business markets group. "With Qwest?s newest business calling plans, our medium-sized and large-business customers are provided a complete bundle of communication services ? from nationwide wireless service and DSL to local, long-distance, and data services ? all backed by Qwest?s value-added Spirit of Service.?
In addition to domestic long-distance, caller ID, three-way calling, voice mail and call waiting, businesses get some valuable features available only from Qwest. For no extra cost, Qwest provides:
- Bundle Discounts ? Customers qualify for wireless discounts when they combine-bill their wireless services with any other Qwest service.
- One Number Service ? Customers can automatically route office calls to their wireless phones, so they can stay connected when they are on the go.
- Voice Mail Link ? Voice Mail Link is a simple way for customers to integrate their wireless phones with their office voice mails. With Voice Mail Link, calls not answered on customers? Qwest Wireless phones are directed to their office voice mail boxes, and notifications are sent to both their office phones and their wireless phones.
Customers can call their Qwest account manager or 1-800-603-6000 for more information on business wireless service.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services. With more than 40,000 employees, Qwest is 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.
Forward Looking Statement Note
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: access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; 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 and certain transactions; 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; 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; 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; 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.
The information contained in this release is a statement of Qwest's present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest's assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest's assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward-looking statements that Qwest or persons acting on its behalf may issue. This release may include analysts' estimates and other information prepared by third parties for which Qwest assumes no responsibility.
The company expects to file in August 2004 its form 10-Q for the three month period ended June 30, 2004. Please refer to the form 10-Q for a full description of second quarter 2004 results.
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.
By including any information in this release, Qwest does not necessarily acknowledge that disclosure of such information is required by applicable law or that the information is material.
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