DENVER, July 10, 2001 ? Qwest Communications International Inc. (NYSE:Q), the broadband communications company, today announced that Joseph P. Nacchio, Qwest chairman and CEO, has been nominated by President George W. Bush to serve as vice chairman of the National Security Telecommunications Advisory Committee. The committee appointment does not affect Nacchio?s leadership role at Qwest.
The group of 30 telecommunications and technology industry CEOs advises the President and other White House leaders in meetings held several times annually. Nacchio will elevate to chairman of the committee in 2002.
In its advisory role to the President, the NSTAC provides industry based analysis and recommendations on a wide range of Policy and technical issues related to telecommunications, information assurance, infrastructure protection and other national security and emergency preparedness concerns.
Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband-based data, voice and image communications for businesses and consumers. The Qwest Macro Capacity® Fiber Network, designed with the newest optical networking equipment for speed and efficiency, spans more than 113,000 miles globally. 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 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.
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