DENVER, January 20, 2005 - Qwest Communications International Inc. (NYSE: Q) has been selected as the recipient of the Outstanding Corporate Commitment Award by the Colorado Hispanic Bar Association (CHBA). The award is given to companies that have demonstrated an exceptional commitment to the Hispanic community and that promote diversity in corporate policies and activities.
The award will be presented at the CHBA annual awards event on Saturday, Jan. 22, in Denver. Rich Baer, Qwest executive vice president and general counsel, will accept the award.
"Qwest has shown real leadership in the Hispanic community,? said Vicki Lovato, president of the CHBA. "Through its outreach to Hispanic customers, Hispanic organizations and the overall community, Qwest has truly exemplified outstanding corporate commitment."
With efforts that include the El Centro customer care center, the addition of a Spanish-speaking small-business care center, and a cultural flavor in its marketing and advertising campaigns, Qwest shows its commitment to customers and the communities where it does business.
"We are honored that CHBA has recognized the efforts of Qwest," said Baer. "The CHBA's award is a tribute to the community involvement of our employees."
In addition, employee diversity resource groups and the Qwest Pioneers both foster continuous community involvement by employees, with programs such as matching time, Habitat for Humanity builds and volunteering for the American Red Cross.
Qwest also has been recognized by national publications as a good place to work for Hispanics and for its other outreach efforts.
For more information about the CHBA, please visit http://www.chba.net/.
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.
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 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.
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.
The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries.