DENVER - June 5, 1998 - Qwest today announced it would continue to offer customers, in U S WEST?s 14-state territory, long distance service at a rate of 10-cents per minute, 24 hours a day, seven days a week, with no monthly fees - an offer that is 50 percent less than AT&T?s advertised One RateSM offer. The announcement follows Seattle Federal District Judge William L. Dwyer?s issuance of a preliminary injunction against U S WEST?s Buyer?s Advantage program. The Buyer?s Advantage program offers U S WEST customers local phone service with the option of Qwest?s competitive long distance 10-cents per minute offer.
?It is ironic that at the same time AT&T and MCI are raising their long distance rates, they are exerting a tremendous amount of energy blocking customers from the benefits of one of the lowest priced long distance offerings available today,? said Joseph P. Nacchio, president and CEO of Qwest. ?Qwest will continue aggressive marketing to customers in U S WEST?s territory to deliver the value and simplicity of our offer. By the way, U S WEST customers may still exercise the option of getting local and Qwest long distance service on one bill from U S WEST. Additionally, customers receiving a single bill for both services can make just one call to resolve questions about their invoice.?
Customers already signed up for Buyer?s Advantage will continue to enjoy the conveniences of the program. For those who have not signed up for Buyer?s Advantage, they may still receive the same highly competitive Qwest long distance service by calling Qwest customer service at (888) 823-4182. In addition, they may choose to have their Qwest long distance billing appear on either a separate Qwest bill or on their local U S WEST bill. Customers may also request Qwest long distance service when they call into U S WEST for local service.
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 on Form 10-Q, 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, volatility of stock price, financial risk management and future growth subject to risks.
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