DENVER, May 15, 2003 ? In response to increasing popularity and customer demand for online games, Qwest Communications Inc. (NYSE: Q) announced today that consumers can get the Microsoft Xbox Live? online game service with the purchase of MSN Broadband Powered by Qwest.
With online games enjoying a surge in popularity among all age groups ? from Gen Y cyber athletes to surfin' seniors who play traditional board or parlor games over the Internet and Baby Boomers revisiting simple action games from the ?70s, the trend is redefining the way Americans compete for fun.
"Online gaming is experiencing an increase in popularity, not just among young males, but also with working professionals, mothers and seniors. Fueled by the introduction of online consoles, gamers recognize the importance of a broadband connection to enjoy the experience to its fullest," said Michael Goodman, senior analyst with the Yankee Group. "We expect online console gaming to grow to 18.5 million households by year-end 2007, with broadband services driving this growth."
?In line with our commitment to providing customers with innovative, top-quality services, we are introducing our first offering in an extensive family of online gaming services,? said Mark Pitchford, senior vice president of marketing for Qwest. "Now, in addition to utilizing their digital subscriber line (DSL) service for educational information, real-time news, streaming video, e-mail accessibility and other important information, Qwest customers can have a fun and engaging online gaming experience.?
For the first time, Qwest?s residential customers who want to play online games can access the benefits of DSL technology to enhance their playing experience. MSN Broadband Powered by Qwest provides low latency, fast network connections, the ability to use the phone and the Internet simultaneously and always-on connectivity. These can be critical attributes when playing against opponents just down the street or around the world, given that globally, Xbox Live plays host to more than three million game sessions per week.
When residential customers order before July 18 they are eligible for a $50 mail-in rebate on an Xbox Live Starter Kit and by May 25, customers will receive free activation (a $99 value) and free use of a DSL modem (more than a $100 value). With Qwest and Xbox Live, customers can play a rich array of games, including All-Star Baseball, Star Wars and Godzilla.
For more information about MSN Broadband powered by Qwest and Microsoft Xbox Live, residential customers please call 1-800-244-1111 or visit our Web site at www.qwest.com.
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company?s 50,000-plus employees are 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: the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; the effects of our anticipated restatement of historical financial statements including delays in or restrictions on our ability to access the capital markets or other adverse effects to our business and financial position; 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 SEC's current investigation into our accounting policies, practices and procedures; 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; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; 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; our future ability to provide interLATA services within our 14-state local service area; 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; 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; 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.
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