DENVER, CO–(HISPANIC PR WIRE – BUSINESS WIRE)–January 25, 2005–Qwest Communications International Inc. (NYSE: Q) today announced that it has been included in Hispanic Magazine’s “Corporate 100: The Top 100 Companies Providing the Most Opportunities to Hispanics” for the fifth consecutive year.
“Receiving this recognition from Hispanic Magazine for the fifth year in a row truly illustrates Qwest’s longstanding commitment to serving the Hispanic community and providing numerous opportunities to our Hispanic employees,” said Teresa Taylor, executive vice president and chief human resources officer. “Embracing and promoting diversity is critical to our corporate values and part of our Spirit of Service in action.”
Qwest has continually strived to provide increasing quality of service and support to Spanish-speaking customers in the growing Hispanic business and consumer markets. In 2004, Qwest launched additional services and celebrated milestones that cater specifically to the Hispanic community, including:
— The opening of a customer service center that supports Spanish-speaking, small-business customers across Qwest’s 14-state region.
— The “10 cents to Mexico” calling plan which helps Hispanic families stay connected with relatives and friends living in Mexico.
— El Centro, its Spanish-speaking residential customer service center, which recently celebrated its 20th anniversary.
In addition to providing the Spirit of Service to its Hispanic customers, Qwest also is committed to maintaining diversity in its workforce and attracting talented Hispanic employees. The company offers Hispanic employees top training, education and resource groups. For example, Qwest employees can participate in a group called “Somos” that provides a unique cultural perspective on various business-related issues of the Hispanic community to Qwest leadership.
Qwest also is an active member in the Hispanic community throughout the company’s 14-state region. The Qwest Foundation supports numerous Hispanic cultural organizations and many Qwest leaders are members of the Hispanic Chambers of Commerce.
Hispanic Magazine compiled the list based on the recruitment efforts, diversity training, minority business initiatives and funding efforts for scholarships and organizations demonstrated by the companies.
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.
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; 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 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.
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Qwest Communications International Inc.
Kathleen Lessman, 303-965-6924
Stephanie Comfort, 800-567-7296