29.03.2007 17:06:00
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GSA Awards Qwest Part of $20 Billion Networx Universal Contract
Qwest Communications International Inc. (NYSE: Q):
Qwest becomes a preferred provider of communications services to
federal agencies nationwide Customers everywhere to benefit from innovation and efficiencies
brought on by Networx Largest communications services contract award ever underscores
Qwest’s status as top-tier national carrier
The General Services Administration (GSA) today awarded Qwest
Communications International Inc. (NYSE: Q) a stake in Networx, the
largest communications services contract in the world. Qwest will
participate in the U.S. government program that is valued at
approximately $20 billion over the next 10 years to provide leading-edge
voice, data and video services, including managed and secure advanced
data networks, to federal agencies nationwide.
Today, Qwest is a leading provider to more than 50 federal government
agencies, including the Department of Energy, Department of Defense,
Department of Justice and the Department of Treasury. The Networx
Universal award enables Qwest to aggressively compete for billions of
dollars of additional federal government communication business.
"This is a big win for Qwest that complements
our progress over the last five years and is a testament to Qwest’s
status as a leading, national, tier-one communications provider,”
said Qwest Chairman and Chief Executive Officer Richard C. Notebaert. "All
Qwest customers across the nation will see benefits. Qwest already is
offering to its business customers many of the advanced features that
are required in Networx and customers will continue to benefit from Qwest’s
investments in broadband technologies to support next-generation
applications that are anticipated by GSA.”
The Networx program will provide comprehensive, best-of-breed
communications and networking services and technical solutions to all
federal agencies. It will allow the agencies to focus resources on
building a seamless and interoperable operating environment while GSA
ensures agency access to the best technology industry has to offer.
"Although Qwest is already a leading supplier
to the U.S. government, this award enables us to grow our federal
business,” said Diana Gowen, senior vice
president and general manager of Qwest government services. "It’s
also good for government customers because including Qwest in Networx
provides federal agencies with more choices, which will enable creative
solutions and excellent price performance for the U.S. government and
the taxpayers.”
"A Networx Universal spot is akin to a 'Good Housekeeping Seal of
Approval' for data and voice product portfolios, customer service and
national network capabilities," said analyst Mark Winther, vice
president of worldwide telecommunications at IDC. "Networx Universal
winners secured the endorsement of one of the most discriminating
customers in the world, in one of the most complex and thorough
communications proposals ever. Networx winners will attract additional
business and residential customers that want to work only with the best."
In addition to Networx, Qwest recently has received other large awards
from the U.S. government. In November, Qwest was the winner of a
contract worth up to $100 million from the Defense Information Systems
Agency (DISA) to provide bandwidth transmission services for connecting
military installations located across the West to the Global Information
Grid (GIG) over the next 10 years. And last month, Qwest announced it
will be the sole provider of telecommunications services to federal
agencies in nine Western states in a contract from the GSA worth at
least $10 million.
About Qwest
Qwest offers a unique and powerful combination of managed voice and data
solutions for businesses, government agencies and consumers –
locally and throughout the country. Customers coast to coast are turning
to Qwest's industry-leading national fiber optic network and its Spirit
of Service for quality products and superior customer experience. For
more information on Qwest, and its various operating subsidiaries,
please go to www.qwest.com; and for
information about the products and services Qwest is offering in the
Networx contract, visit www.gsanetworx.com.
Forward-Looking Statement Note
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, among others; 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 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 or were the subject of
governmental investigations; potential fluctuations in quarterly
results; volatility of our stock price; intense competition in the
markets in which we compete including the effects of consolidation in
our industry; 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; changes in the
outcome of future events from the assumed outcome included in our
significant accounting policies; and our ability to utilize net
operating losses in projected amounts.
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 and other 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.
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