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Qwest Announces Additional High-Speed Internet Plans for Communities across NebraskaOMAHA, Neb. --(Business Wire)-- Jan. 31, 2005 -- Qwest Communications International Inc. (NYSE: Q) today announced that it is bringing high-speed Internet access to almost a dozen small towns and rural communities in Nebraska this year. Qwest will deploy its high-speed Internet service, known as Qwest Choice(TM) DSL, in these communities by year-end. In addition, the company announced that as many as 39 communities could also receive high-speed Internet access in the next two years. "This is one of the most ambitious deployment plans in the nation," said Rex Fisher, Qwest president for Nebraska. "This investment will help bring DSL to communities that don't have high-speed Internet service or that want additional broadband options." To date, Qwest has deployed high-speed Internet access to 28 communities in Nebraska. "Qwest's deployment of DSL broadband service to the community of West Point has been great," said George W. Wimmer, chairman of the West Point Area Telecommunications Committee. "Their investment in this technology is important to our community, and offers us an additional broadband option for high-speed Internet access." With Qwest DSL, customers can surf the Internet at speeds up to 1.5 Megabits per second, which -- at the highest DSL speed -- is nearly 25 times faster than a traditional 56Kbps dial-up connection. Qwest high-speed Internet service offers a connection that is fast, affordable, easy to set up, easier to use and convenient. Overall, Qwest DSL allows you to do so much more than a standard dial-up connection. About Qwest Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services. With more than 40,000 employees, Qwest is 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: access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; 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 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; 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; 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; 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. The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries. |
