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Topic: Qwest Communications International Incorporated

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	Qwest Expected to Announce a Settlement - New York Times
		Qwest Communications International, the telecommunications company, is expected to announce as early as this morning a $400 million settlement of its largest shareholder lawsuits relating to an accounting scandal during the dot.com boom, a person briefed on the deal said yesterday.
		The deal will cover Qwest, some former executives and its directors - but would not include the former chief executive, Joseph P. Nacchio and the former chief financial officer, Robert S. Woodruff, said the person, who did not want to be identified because the settlement was not completed.
		Qwest, which serves 14 mostly Western states, is scheduled to release its third-quarter quarter earnings today.
	www.nytimes.com /2005/11/01/technology/01qwest.html?ex=1288501200&en=6d4b17c3ab91c330&ei=5088&partner=rssnyt&emc=rss (282 words)

	Ahead of the Bell: Qwest Communications - Boston.com
		A Lehman Brothers analyst upgraded Qwest Communications International Inc. Tuesday, citing the selection of a new chief executive by the fiber optics network operator, as well as a low stock price.
		NEW YORK --A Lehman Brothers analyst upgraded Qwest Communications International Inc. Tuesday, citing the selection of a new chief executive by the fiber optics network operator, as well as a low stock price.
		Qwest on Sunday tapped Edward A. Mueller to replace retiring Chairman and CEO Dick Notebaert.
	www.boston.com /business/articles/2007/08/14/ahead_of_the_bell_qwest_communications (233 words)

	Qwest quarterly profit rises 54 percent - Boston.com
		Qwest Communications International Inc. , the nation's No. 4 local telephone company, on Wednesday posted a 54 percent rise in first-quarter profit, boosted by growth in its high-speed Internet service.
		Qwest, the fourth-largest U.S. local telephone company, on May 3, 2006 posted a higher quarterly profit as revenue rose on growth in its high-speed Internet services.
		Qwest is still struggling to overcome massive debt and is seen missing out on much of the growth in the wireless sector compared to rivals like ATandT Inc. .
	www.boston.com /business/articles/2006/05/03/qwest_posts_higher_quarterly_profit (395 words)

	Qwest Loss Narrows in Quarter - New York Times
		DENVER, Nov. 1 (AP) - Qwest Communications International, the primary local telephone provider in 14 mostly Western states, reported a smaller loss for the third quarter on Tuesday and announced a tentative $400 million settlement of shareholder lawsuits stemming from an accounting scandal that forced it to restate billions of dollars of revenue.
		Separately, Qwest said it lost $144 million in the July-September quarter as revenue edged higher with the help of a big government contract while operating costs fell.
		Qwest said the settlement could be terminated under certain conditions, such as a refusal by the Securities and Exchange Commission to distribute to shareholders a $250 million fine that Qwest agreed to pay.
	www.nytimes.com /2005/11/02/business/02qwest.html?ex=1288587600&en=9fbdf791ca7d42ab&ei=5088&partner=rssnyt&emc=rss (383 words)

	Qwest (Site not responding. Last check: 2007-10-28)
		Qwest Communications International Inc., incorporated in 1988, provides local telecommunications and related services, wireless services and directory services in the 14-state local service area (local service area) of Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming.
		Qwest serves global and national business and government customers, as well as residential and small business customers, primarily in the local service area.
		Qwest's telecommunications and ISP customers use these products and services primarily to enable their customers to transmit large amounts of data, very quickly, over broadband infrastructure.
	www.gcgcom.com /Qwest.htm (1174 words)

	SEC Charges Former Qwest CEO Joseph Nacchio and Eight Others with Massive Financial Disclosure Fraud
		"Qwest's CEO and other top executives projected revenue and earnings that they knew were overly aggressive, and then all of the defendants used smoke and mirrors to meet those unrealistic projections.
		Qwest used such nonrecurring revenue to fill the gap between actual and projected revenue.
		Mohebbi, Casey, Hoaglund, Eveleth, and Noyes participated in backdating IRU agreements to demonstrate falsely that the agreements were completed by the end of the quarter as required by GAAP to recognize revenue in that quarter.
	www.sec.gov /news/press/2005-36.htm (1063 words)

	DLD 109-42 - FCC FINES QWEST $2.1 MILLION
		Qwest offers no explanation for how individuals without any association to the complainants' telephone service were allowed to authorize a change in that service, nor does Qwest explain the measures it employed to ensure that such a violation of our rules did not occur.
		Qwest will have the opportunity to submit evidence and arguments in response to this NAL to show that no forfeiture should be imposed or that some lesser amount should be assessed.
		Qwest's failure in several instances to provide an LOA or any other evidence of verification required by the Commission's rules also suggests that Qwest has failed to implement reasonable precautions to ensure it has received proper authorization before directing a switch in a consumers preferred carrier.
	www.thedigest.com /109/109-42.html (4671 words)

	[No title]
		Qwest will revise its third party verification process to require that any customer confirming a residential sale, without undue prompting or suggestion by the third-party verifier, state his or her name and the telephone number(s) for which the preferred carrier is to be changed.
		Qwest agrees that in the event it pays an up-front commission to distributors for accounts switched to Qwest, it shall withhold twenty percent (20%) of the commission for at least 60 days to recover any penalties and charges that may result from any unauthorized orders.
		Qwest shall devise and implement a nationwide campaign to inform consumers who do not speak English as their primary language of the dangers of slamming and their rights in the event their preferred carrier has been changed without authorization.
	www.fcc.gov /eb/Orders/fcc00254.doc (4271 words)

	Switchboard.Press (Site not responding. Last check: 2007-10-28)
		Qwest will be providing web-based click-to-conference technology as well as other Internet-based communications services via Switchboard's web site at www.switchboard.com.
		Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable and secure broadband Internet-based data, voice and image communications for businesses and consumers.
		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.
	www.switchboard.com /press/m990329.asp (613 words)

	KAALtv.com - 6 News First Online (Site not responding. Last check: 2007-10-28)
		A representative of the Communications Workers of America says the two sides remain far apart on health care, wages and a mandatory overtime policy.
		The Denver-based Qwest Communications International Incorporated is negotiating separately with the union representing about 300 employees in Montana.
		Qwest spokesman Bob Toevs (tayvs) says the company remains hopeful an agreement will be reached.
	www.kaaltv.com /article/view/90481 (135 words)

	Internal Notes Questioned Qwest's Swaps (Site not responding. Last check: 2007-10-28)
		ASHINGTON, Sept. 24 — In testimony and in documents presented at a Congressional hearing today, current and former executives of Global Crossing and Qwest Communications International indicated that people in the companies had qualms about swaps of fiber optic network capacity that are now at the heart of federal investigations.
		A former Qwest executive, Kimberly Smiley, disagreed with suggestions by committee members and Global Crossing executives that Qwest had agreed to side deals in the swaps that enabled each company to account for the transactions in ways that best met their financial needs.
		Qwest — whose board ousted its chief, Joseph P. Nacchio in June after federal investigators began examining the company's fiber optic swaps — has admitted that it incorrectly accounted for such deals.
	public.messageweb.net /ssit-boston/meltdown/25GLOB.html (546 words)

	Talks between Qwest, union head to wire
		DENVER -- Negotiations between Qwest Communications and its largest union appeared headed down to the wire Thursday as union officials said the two sides have been unable to agree on issues such as health care, wages and a mandatory overtime policy.
		Teams for Qwest Communications International Inc. and the Communications Workers of America continued their discussions with the contract set to expire at midnight Saturday.
		Qwest spokesman Bob Toevs said the company and the union are bargaining in good faith but declined comment on specifics.
	www.casperstartribune.net /articles/2005/08/14/news/regional/ee6f15e836e5472d8725705a007d81f7.txt (731 words)

	Qwest
		Qwest is adamant that they need changes in benefits, not only from the aspect of actual costs, but also from the outstanding liabilities that are an inherent part of any benefit program.
		While Qwest did finally back away from removing or reducing the mandatory over time "caps", they continue to hold the healthcare plan and retirees hostage, demanding huge shifts in costs to both.
		Qwest continues to hold several provisions of the existing contract hostage until and unless the Union agrees to major shifts in both active and post-90 retiree healthcare.
	cwa7214.org /qwest.htm (4583 words)

	Sample Contracts - Purchase Agreement - Qwest Dex Inc., Qwest Services Corp., Qwest Communications International Inc. ...
		Existing Qwest Group has not received any written notice or claim challenging or questioning the validity or enforceability of any of the material Transferable Copyrights or Rodney 24 EXECUTION indicating an intention on the part of any Person to bring a claim that any material Transferable Copyright is invalid or unenforceable.
		Qwest Corporation provides these services within the Qwest States as an incumbent local exchange carrier, as that term is defined in Section 251(h)(1) of the Communications Act of 1934, as amended, 47 U.S.C. Section 251(h)(1).
		Buyer acknowledges that (i) the assistance provided by the Qwest Parties and their Affiliates, officers, employees and representatives are being provided at the request of Buyer, and (ii) none of the Qwest Parties shall have any liability to lenders or prospective lenders in connection with the activities contemplated by this Section 5.10(d).
	contracts.onecle.com /dex/qwest.spa.2002.08.19.shtml (7044 words)

	Actiontec
		International includes wireline and wireless operations and investments, primarily in the Americas and Europe.
		Qwest Communications International Inc. through its operating subsidiaries, is a leading provider of high-speed Internet, data, video and voice services.
		With nearly 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.
	www.actiontec.com /partners (1464 words)

	KOBTV.com - Qwest may eliminate Albuquerque jobs (Site not responding. Last check: 2007-10-28)
		That according to Qwest New Mexico President John Badal.
		Qwest Public Policy senior vice president Steve Davis said Qwest is like all businesses and looks for ways to efficiently manage its work force to work load.
		Badal had said the cuts were inevitable largely because Qwest had seen declines in its revenue and customer base in New Mexico and across its 14-state region.
	kobtv.com /index.cfm?viewer=storyviewer&id=6936&cat=HOME (151 words)

	Sweetened Offer From Verizon Accepted by MCI - March 30, 2005 - The New York Sun
		MCI Incorporated accepted a sweetened $7.64 billion takeover proposal from Verizon Communications Incorporated on Tuesday that raises the price tag by $1 billion, but is still nearly a billion dollars shy of the latest bid for the long-distance phone company from Qwest Communications International Incorporated.
		Qwest said it will reassess the situation, but reiterated its position that it has submitted a superior offer valuing MCI at $8.45 billion, or $26 a share.
		Both the Verizon and Qwest offers include a 40-cent cash dividend paid by MCI to its shareholders earlier this month, as well as future MCI dividends scheduled to be paid before the proposed deal is completed.
	www.nysun.com /article/11373 (358 words)

	HP FIREHUNTER/PRO SELECTED BY HELSINKI TELEPHONE (Site not responding. Last check: 2007-10-28)
		Qwest has incorporated Firehunter/PRO into its service assurance solution that measures the overall performance of its OC48 IP backbone, provides information relative to the company's service level agreements (SLAs), and makes the data publicly available on the company's latency-reporting Web site.
		The Qwest Macro Capacity(R) Fiber Network, designed with the newest optical networking, spans more than 18,500 route miles in the United States, with an additional 315-mile network route to be completed by the end of the year.
		In addition, Qwest and KPN, the Dutch telecommunications company, have formed a venture to build and operate a high-capacity European fiber optic, Internet protocol-based network that has 2,100 miles and will span 9,100 miles when it is completed in 2001.
	www.firehunter.com /news/news/press7.htm (618 words)

	Qwest reaches $400 million settlement on class-action lawsuits
		DENVER (AP) -- Qwest Communications International Inc., the primary local telephone provider in 14 mostly Western states, announced a tentative $400 million settlement Tuesday of shareholder lawsuits stemming from an accounting scandal that forced it to restate billions of dollars of revenue.
		Among other things, the SEC said Qwest repeatedly booked revenue from one-time sales of equipment and fiber-optic swaps while falsely claiming to investors that the income was recurring.
		Qwest later restated earnings from 2000 and 2001 to erase about $2.2 billion in revenue.
	www.casperstartribune.net /articles/2005/11/03/news/regional/6846a3e1f064791c872570ac00595c9b.txt (799 words)

	About The Infoshop
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	www.the-infoshop.com /about_en.shtml (2142 words)

	KKTV \| Another Bid
		Qwest Communications International says it's going to submit another bid for MCI Incorporated.
		Qwest Chairman and CEO Dick Notebaert has told the MCI board of directors that Qwest would submit a modified offer and he hopes that would lead to new discussions.
		But if Qwest is able to acquire M-C-I, she says it would improve Qwest's balance sheet.
	www.kktv.com /home/headlines/1278252.html (257 words)

	Qwest Services McLeod - Discount Long Distance Digest - 121-125
		Because of its merger with U S WEST, Qwest cannot provide long-distance service to customers in the 14 states where it provides local service until the company can prove to regulators that its local markets are open to competitors.
		Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband Internet-based data, voice and image communications for businesses and consumers.
		The Qwest logo is a registered trademark of, and CyberCenter is a service mark of, Qwest Communications International Inc. in the U.S. and certain other countries.
	www.thedigest.com /more/121/121-125.html (841 words)

	EPA: Federal Register: Clean Water Act Class II: Proposed Administrative Settlement, Penalty Assessment and Opportunity ... (Site not responding. Last check: 2007-10-28)
		Background Qwest Communications International, Inc., a telecommunications company incorporated in the State of Delaware and located at 700 Qwest Tower, 555 Seventeenth Street, Denver, Colorado, 80202 failed to prepare SPCC plans for thirty-five facilities.
		This is the amount of the economic benefit gained by Qwest, attributable to their delayed compliance with the SPCC regulations.
		Qwest Communications International, Inc. has agreed to pay this amount in civil penalties.
	www.epa.gov /fedrgstr/EPA-WATER/2000/October/Day-24/w27258.htm (755 words)

	Sample Contracts - Resignation and Consulting Agreement - Qwest Communications International Inc. and Joseph P. Nacchio ...
		To be effective, such revocation must be in writing and delivered to the General Counsel of Qwest on or before the last day of the seven-day revocation period.
		Nevertheless, Qwest hereby waives any right, claim, or cause of action that might arise as a result of such different or additional claims or facts.
		CHOICE OF LAW: This Agreement and the rights and obligations of the parties hereunder shall be governed by and construed and enforced in accordance with the laws of the State of New York, without regard to principles of conflict of laws.
	contracts.onecle.com /qwest/nacchio.consult.2002.06.16.shtml (2257 words)

	Effects of Global Crossing Bankruptcy (Site not responding. Last check: 2007-10-28)
		Qwest has a state-of-the-art, worldwide fiber optic network in the United States, Asia, and Latin America and through its related company KPN Qwest in Europe.
		Qwest's strategy in building its domestic network was to provide facilities for our own use, as well as constructing facilities for sale.
		Qwest publicly disclosed the network expansion plans and the nature, size, and the accounting treatment of the IRU transactions undertaken to further that strategic objective.
	commdocs.house.gov /committees/bank/hba78601.000/hba78601_0.HTM (16937 words)

	Web CPA (Site not responding. Last check: 2007-10-28)
		The SEC has charged Joseph P. Nacchio, former co-chairman and chief executive officer of Qwest Communications International Inc., and eight other former Qwest officers and employees with fraud and other violations of the federal securities laws.
		The Commission alleges that the Qwest defendants engaged in a multi-faceted fraudulent scheme between 1999 and 2002, designed to mislead the investing public about the company's revenue and growth.
		The SEC's complaints claim Nacchio and others made numerous false and misleading statements about Qwest's financial condition in annual, quarterly, and current reports, in registration statements that incorporated Qwest's financial statements, and in other public statements, including earnings releases and investor calls.
	www.webcpa.com /article.cfm?articleid=12720&print=yes (340 words)

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