Denver, April 12, 1999 - Qwest Communications International Inc. today announced the appointment of Jerry R. Davis to the company?s board of directors. Davis most recently served as vice chairman of Union Pacific Railroad, a subsidiary of Union Pacific Corporation, a Fortune 500 company and recognized leader in the transportation industry.
"We are extremely pleased to have Jerry join us during this period of rapid growth," said Joseph P. Nacchio, Qwest chairman and CEO. "Jerry?s solid leadership and management experience will be an asset for us moving forward as we expand Qwest?s global presence and extend our leadership position in the communications marketplace."
Prior to joining Union Pacific in 1996, Davis (60), was president and CEO of Southern Pacific Railroad, directing the company?s day-to-day and strategic operations until the company?s merger with Union Pacific Corporation. Davis was an Alfred P. Sloan Fellow at the Massachusetts Institute of Technology where he earned a Master of Science degree in management.About Qwest
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers. Headquartered in Denver, Qwest has more than 8,000 employees and 80 sales offices in North America, Europe and Mexico. The Qwest Macro Capacity (SM) Fiber Network, designed with the newest optical networking, will span more than 18,500 route miles in the United States when it is completed by mid-1999, and the additional 315-mile network route recently announced will be complete by the end of the year.
In addition, Qwest and KPN, the Dutch telecommunications company, are forming a venture to build and operate a high-capacity European fiber optic, Internet Protocol-based network that has 2,100 miles and will span 9,100 miles when it is completed in 2001. Qwest also has nearly completed a 1,400-mile network in Mexico.
This release may contain 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 SEC, 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, dependence on new product development, rapid technological and market change, failure to complete the network on schedule and on budget, financial risk management and future growth subject to risks, Qwest?s ability to achieve Year 2000 compliance, and adverse changes in the regulatory or legislative environment. 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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