Agreement Accelerates Qwest's Reach to the Japanese Commercial Marketplace
TOKYO, March 27 /PRNewswire/ -- Qwest Communications International Inc.
(NYSE: Q), the broadband communications company, today announced an agreement
with Japan Telecom to jointly offer communications services to multinational
corporations needing services between Japan and the United States, and between
Japan and Europe.
Qwest and Japan Telecom plan to offer international digital private line,
international asynchronous transfer mode (ATM) and frame relay services.
These services will provide multinational and regional businesses in Japan
with connections to Qwest's global broadband network, through Japan Telecom.
"Qwest is pleased to reach this agreement with Japan Telecom, and our two
companies have already jointly won business in Japan," said Ross Lau,
president and chief executive of Qwest Asia. "This agreement allows Qwest to
provide customers in Japan with a seamless end-to-end network, and one-stop
shopping for their networking needs, featuring a single bill and point of
contact."
The relationship enables both companies to deliver exceptional service
level agreements and service anywhere in Japan, the United States and Europe.
Additionally, the agreement allows Qwest and Japan Telecom to market and sell
the other parties' services to its respective customer base.
Qwest Asia and Japan Telecom will coordinate sales activities to
multinational companies needing communications services.
"Japan Telecom is excited to introduce joint data services between Japan
and the US/Europe through bilateral interconnection with a leading carrier in
the United States," said Noboru Ubayama, senior corporate officer responsible
for Japan Telecom's global business. "The agreement will bring excellent
strategic advantages to Japan Telecom. We are proud to play an important role
in the second largest communications market in the world. I believe Japan
Telecom can serve all of our Japan-based multinational customers with
high-quality and low-cost data transmission services."
About Qwest
Qwest Communications International Inc. (NYSE: Q) is a leader in reliable,
scalable and secure broadband data, voice and image communications for
businesses and consumers. The Qwest Macro Capacity(R) Fiber Network, designed
with the newest optical networking equipment for speed and efficiency, spans
more than 190,000 miles globally. For more information, please visit the
Qwest Web site at http://www.qwest.com .
About Japan Telecom
Japan Telecom started its service in 1986 as a long-distance carrier in
Japan. It provided public switched telephone and data transmission service
through its total 10,000 kilometers of fiber-optic network that covers the
entire nation. The company merged with International Telecom Japan in 1997
and started its global network service as Japan's first telecom carrier to
offer seamless service for both domestic and international customers. Japan
Telecom announced a plan to introduce a nationwide IP backbone network, again
first in Japan. Its service portfolio covers a wide range from the pioneering
service of IP technology to data center business and mobile solutions by its
subsidiary, J-Phone. Currently Japan Telecom plays an important role in the
Asia Pacific region as a member of the Vodafone Group.
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 Qwest Communications International Inc. (together with its
affiliates, "Qwest", "we" or "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: potential
fluctuations in quarterly results; volatility of Qwest's stock price; intense
competition in the markets in which we compete; changes in demand for our
products and services; the duration and extent of the current economic
downturn, including its effect on our customers and suppliers; adverse
economic conditions in the markets served by us or by companies in which we
have substantial investments; adverse results of review and scrutiny by
regulatory authorities, media and others of financial reporting practices;
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; rapid and significant changes in
technology and markets; adverse changes in the regulatory or legislative
environment affecting our business; adverse developments in commercial
disputes or legal proceedings; delays in our ability to provide interLATA
services within our 14-state local service area; failure to maintain
rights-of-way; and failure to achieve the projected synergies and financial
results expected to result from the acquisition of U S WEST, and difficulties
in combining the operations of the combined company. This release may include
analysts' estimates and other information prepared by third parties for which
we assume no responsibility. We undertake 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.
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.
SOURCE Qwest Communications International Inc.
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Related links:
http://www.qwest.com
CONTACT:
Media, Chris Hardman, +1-303-992-2085,
chris.hardman@qwest.com, or Investors, Lee Wolfe,
+1-800-567-7296, IR@qwest.com, both of Qwest Communications
International Inc.
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