Date: September 25, 2001

To: Investment Community Members

From: Lee Wolfe, Senior Vice President Investor Relations (Host)(800) 567-7296


Qwest Communications will release third quarter results on Wednesday, October 31st at approximately 7:00 a.m. EST.

Qwest will host an interactive conference call Wednesday, October 31st at 9:00 a.m. EST. The call will feature Joseph P. Nacchio, Chairman and CEO and Robin R. Szeliga, Executive Vice President Finance and CFO who will jointly provide the company?s perspective on the business and third quarter 2001 results.

You may access the call via:

  • 800-523-6069(U.S. domestic)
  • 847-413-4838(International)
  • No access code required

Please dial-in 10-15 minutes in advance to facilitate an on-time start. Call Joan Oshinski at 303-992-5903 if you have any problems accessing the call.

A replay will be available approximately 2 hours after the conclusion of the call on October 31st until 11:59pm EST on November 6th.

  • 800-227-7114(U.S. domestic)
  • 402-222-9741(International)
  • No access code required

You can also access a live audio webcast or a replay of the call at www.qwest/com/about/investor/meetings

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.

Contact Information

Investor Contact

Lee Wolfe

(800) 567-7296