WASHINGTON, D.C., November 20, 2002 ? Qwest Communications International Inc. (NYSE:Q) today announced that it was awarded a four-year (with a four-year option), multimillion-dollar contract from the General Services Administration (GSA) to provide local voice and switched data services to federal agencies located in the Salt Lake City area. This deal was made possible by the GSA?s Metropolitan Area Acquisition (MAA) program.
?Qwest?s phenomenal growth in the federal sector is a product of our people and our project management. We have proven to an increasing number of agencies that Qwest only needs one opportunity to demonstrate that it is the premier one-stop provider of communications solutions,? said James F. X. Payne, senior vice president Qwest Government Systems Division. ?This is our sixth MAA contract award ? the most of any incumbent local exchange carrier ? and we will continually attempt to expand our presence in the federal marketplace.?
This contract, originally awarded in July 2002, was protested by XO Communications. On October 23, 2002, the U.S. General Accounting Office resolved the issue in GSA?s favor.
The MAA Program
The MAA contracts enable carriers to expand the portfolio of services they can offer to the federal government. The FTS Long Distance Crossover program, allows carriers that have met certain criteria to ?cross over? and modify their contracts to offer federal government agencies nationwide alternative choices for long-distance and local telecommunications services.
Federal government agencies currently can purchase local telecommunications services under MAA contracts. The Long Distance Crossover program allows carriers to modify their MAA contract to offer voice and data services to all branches of the federal government. In January 2002, Qwest became the first such MAA provider to be granted such approval.
Via the Crossover program, Qwest?s dedicated and managed federal hosting services are available through Qwest?s Boise, Idaho, MAA contract. Qwest offers federal customers a wide range of hosting services, from customer-managed hardware and software packages to a Qwest fully managed solution ? all with the highest standards of system availability and security specifically tailored to meet federal requirements.
Other Qwest MAA contracts cover the Denver, Albuquerque, Minneapolis, Seattle, and Boise, Idaho, metro areas.
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 53,000-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; 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.
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