Denver, April 18, 2001 - Qwest Communications International Inc. (NYSE: Q) Chairman and CEO Joseph P. Nacchio announced that the board of directors today appointed Afshin Mohebbi Qwest president and chief operating officer. Nacchio said the board also promoted Robin R. Szeliga to executive vice president and chief financial officer of Qwest.
In his new assignment, Mohebbi will have day-to-day responsibility for operations of the company. He also will chair the Qwest Operations Council of senior leaders of the business and assume new responsibility for information technology and international operations. The leaders of Qwest?s business units are accountable to Mohebbi in his role as chair of the Operations Council. Mohebbi will retain his worldwide operations responsibilities for Qwest?s global broadband Internet local and long distance networks; sales of network services to wholesale customers; communications services and product management; and network engineering.
?Afshin and his team have been focused since last summer on achieving the best residential service results in up to seven years as well as positioning Qwest to re-enter the long-distance business in the 14 states where we provide local telephone service,? said Nacchio. ?Afshin?s new role will allow me to spend more time focused on overall corporate performance and long-term strategy.?
Regarding Szeliga, Nacchio said, ?Robin brings to her new role an ideal combination of in depth knowledge of Qwest?s operational and financial drivers along with extensive experience in the wide range of disciplines required for success as a CFO. She is ready now to take on more responsibility as CFO while helping me and our board map the financial plan for our future.?
Mohebbi joined Qwest in May 1999 to be president and COO. When Qwest acquired U S WEST June 30, 2000, Mohebbi shifted his focus to being president of worldwide operations. Mohebbi joined Qwest from British Telecommunications and earlier Pacific Bell and SBC Corporation. At British Telecommunications he was president and managing director of United Kingdom markets, an $18 billion business unit serving 20 million consumers and 1.5 million businesses in the UK.
Szeliga joined Qwest in 1998 as vice president of finance. She was named a senior vice president in finance in 1999 and interim CFO in March 2001. Before Qwest, she held various executive financial management assignments in the cable industry for more than 10 years.
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 104,000 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.
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