DENVER, August 28, 2003 - Qwest Communications International Inc. (NYSE: Q) has been named one of the nation's top 50 companies for Latinas by LATINA Style, a national magazine for the contemporary Hispanic woman. The annual survey polled more than 600 U.S. companies to select its "LATINA Style 50 for 2003."
"Diversity is a priority at Qwest," said Barry Allen, executive vice president and chief human resources officer. "We are constantly working toward improving the customer experience. And because we have a diverse customer base - including more than six million Hispanics in our 14-state region - we recognize the importance of having a workforce that mirrors our customers."
In addition to attracting and retaining top Hispanic talent to its work force, Qwest has also rededicated itself to meeting the needs of the Hispanic market. In order to better serve Spanish-speaking customers, Qwest established El Centro, a bilingual, full service Qwest Customer Service Center, in Phoenix. Like all Qwest customer care centers, El Centro's 300 employees are equipped to help customers with questions they might have about their bills, Qwest products or service.
Additionally, Qwest has recently engaged in strategic partnerships with advertising, marketing and public relations agencies that focus exclusively on understanding, communicating with and meeting the needs of the Hispanic community.
This is the sixth year LATINA Style has conducted and published its survey results. The magazine selects the top 50 companies based on research and an extensive questionnaire. The survey consists of more than 100 questions covering a variety of subjects including: employee count, presence of Hispanics among the company leadership, existing Hispanic associations and employee groups, recruitment, minority vendor programs, dependent and child-care support, maternity leave policy, alternative work policies, women's issues and general benefit package.
?As the only national Latina publication focusing on the needs and aspirations of the Latina working woman, we have a duty to keep Hispanic women informed about corporate America's best employment practices, " said Robert E. Bard, president and CEO of LATINA Style Magazine. "By the latest count, Hispanic women in the U.S. workforce exceed five million, and the numbers continue to rise. We have gone to great lengths to provide a reliable resource for Latinas to evaluate these companies, so Latinas can be confident that the LATINA Style 50 ? 2003 represents some of the best opportunities corporate America has to offer to the Latina working woman."
Top 50 employers will participate in an awards ceremony at the White House in early 2004.
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 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: unanticipated delays in completing the process of our restatement of historical financial statements and related audits; 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 and certain 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; the failure of our chief executive and chief financial officers to provide certain certifications relating to certain public filings; delays in making required public filings with the SEC; 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.
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.
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