Qwest Communications International Inc.

News and overview for Qwest Communications International Inc.

Qwest to freeze manager pay, pension contributions
American City Business Journals | 20 days 5 hours 46 minutes ago
Qwest Communications International Inc. will freeze thousands of managers’ salaries in 2010 and stop future pension contributions for them in moves that, along with annual health care plan adjustments, are estimated to save the company $100 million next year.


Qwest Starts Note Exchange Offer
ABC News | 9 days 23 hours 51 minutes ago
Qwest begins offer to exchange privately placed outstanding notes


Qwest Net Falls on Landline Decline
Wall Street Journal, The | 26 days 5 hours 34 minutes ago
Qwest Communications International Inc. posted a 6% decline in third-quarter profit on the further deterioration of its fixed line business, but offered a slightly rosier forecast for full-year adjusted earnings.


UPDATE: Qwest 3Q Net Falls; Provides More Upbeat 2009 View
Wall Street Journal, The | 26 days 7 hours 47 minutes ago
(Updates with details throughout.) By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Qwest Communications International Inc. (Q) posted a 6% decline in third-quarter net income on the further deterioration of its fixed line business, but offered a slightly rosier forecast for full-year adjusted earnings.


PMSI Holdings Corporation Purchases Rights Under the Ronald A. Katz Technology Licensing, L.P. Patents [Press Release]
Business Wire | 24 days 10 hours 7 minutes ago
Ronald A. Katz Technology Licensing, L.P. announced today that PMSI Holdings Corporation, one of the world's largest pharmaceutical services companies serving the United States with headquarters in Tampa, FL, has entered into an agreement to purchase rights under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.


Qwest starts note exchange offer
Seattle Times, The | 9 days 23 hours 49 minutes ago
DENVER Qwest Communications International Inc. said Friday that it began an offer by its Qwest Corp. subsidiary to exchange privately placed outstanding 8.375 percent notes due in 2016 for newly registered 8.375 percent notes also due that year.


Qwest starts note exchange offer - National Business - MiamiHerald.com
Miami Herald, The | 10 days ago
DENVER -- Qwest Communications International Inc. said Friday that it began an offer by its Qwest Corp. subsidiary to exchange privately placed outstanding 8.375 percent notes due in 2016 for newly registered 8.375 percent notes also due that year.


Qwest starts note exchange offer - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 9 days 23 hours 58 minutes ago
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Qwest Communications 3Q Earnings Fall 6 Pct
ABC News | 26 days 2 hours 33 minutes ago
Qwest posts drop in 3Q earnings as revenue slides, customers continue to shed landline phones


Qwest 3Q uneven with falling data, video net adds offset by FTTN, wireless gains
OneTRAK | 25 days 2 hours 47 minutes ago
View Company ProfileQwest Communications International Inc.’s third quarter held an equal share of victories and defeats – while voice line loss continued and net DSL and video additions dropped sharply, it did see traction for its new fiber-to-the-node service as well as a boom in wireless customers.


Qwest Profit Exceeds Estimates on Cost Cuts to Offset Subscriber Losses
Bloomberg | 26 days 7 hours 51 minutes ago
Oct. 28 (Bloomberg) -- Qwest Communications International Inc., the local phone company in 14 U.S. states, reported third- quarter profit that beat analysts' estimates on cost cuts and sales to business customers.


Qwest Q3 net falls, provides more upbeat 2009 view
Total Telecom Magazine (U.K.) | 26 days 7 hours 50 minutes ago
U.S. telco says full-year adjusted EBITDA will come in at upper end of forecasts.


Qwest's net income down in Q3
American City Business Journals | 25 days 21 hours 46 minutes ago
Qwest Communications International Inc. reported net income of $136 million, or 8 cents per diluted share, on operating revenue of $3 billion for the third quarter, ended Sept.


Qwest Net Beats Analysts' Estimates as Cost Cuts Temper Subscriber Losses
Bloomberg | 26 days 8 hours 53 minutes ago
Oct. 28 (Bloomberg) -- Qwest Communications International Inc., the local phone company in 14 U.S. states, reported third- quarter profit that beat analysts' estimates after reducing costs to offset subscriber losses.


Qwest Communications 3Q profit falls 6 pct, by The Associated Press
National Public Radio | 26 days 8 hours 50 minutes ago
Qwest Communications International Inc. reported a 6 percent drop in third-quarter profit Wednesday as customers continue to give up traditional landline telephones.





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Company Overview


Company: Qwest Communications International Inc.
Industry: Local Exchange Carriers
Website: http://www.qwest.com

A journey at the speed of light: Qwest Communications spans the globe with its high-capacity broadband fiber-optic network. The company is among the leading US local phone providers and serves nearly 12 million access lines in a 14-state region stretching from Arizona north to Wyoming and east to Minnesota. Qwest also provides long-distance and international calling, as well as broadband data, voice, and video services to business customers. The company's wholesale network extends outside of its local service area, linking major global metropolitan areas and providing high-volume transmission capacity and other wholesale services to other carriers and resellers.


Key Numbers

Sales in U.S. Dollars (mil.) 13,475 (2008)
One-year % Growth in Sales -2.2 (2008)
Net Income in U.S. Dollars (mil.) 681 (2008)
One-year % Growth in Net Income -76.7 (2008)
Number of Employees 32,937 (2008)
One-year % Growth in Number of Employees -11.0 (2008)
Fiscal Year-End December