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Qwest Communications to Provide Nationwide Dial-Up Internet Access Services to YourNetPlus.com
DENVER, April 19 /PRNewswire-FirstCall/ -- Qwest Communications
International Inc. (NYSE: Q) today announced a two-year, multimillion-dollar
contract to provide YourNetPlus.com with nationwide dial-up Internet access
services. YourNetPlus.Com, who offers turnkey solutions to Internet service
providers (ISPs) throughout North America, will manage their dial services
from the company's Tucson, Ariz. network operations center.
YourNetPlus.com bundles dial Internet access, billing, and technical
support to small, medium, and large ISPs. The company gives service providers
a private-label, scalable model with zero time-to-market, allowing the ISPs to
focus on marketing to their end-users.
"To deliver on the package of value-added services to ISPs, we needed a
reliable, flexible backbone of dial services," said Vince Dima, president of
YourNetPlus.Com. "Qwest provides that guarantee of service."
"Qwest is an ideal fit to the YourNetPlus.Com bundle of services," said
Clifford S. Holtz, executive vice president of Qwest's business markets group.
"We're pleased that Qwest dial services are used in this way so that end-users
can focus on the growth of their own businesses."
Qwest's dial access network delivers 56K and ISDN dial-up access from more
than 2,690 points-of-presence (POPs) nationwide and covers approximately
85 percent of the U.S. population with a local dial-up call. Qwest's dial
network has market-leading capacity, giving end-users a better dial experience
through fewer busy signals and less oversubscription.
About Qwest
Qwest Communications International Inc. (NYSE: Q) is a leading provider of
voice, video and data services to more than 25 million customers. The
company's 47,000 employees are 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.
About YourNetPlus.com
YourNetPlus.com (YNP) is an Internet Service Provider with its corporate
offices located in Monroe, New York and technical offices in Tucson, Arizona.
YNP is a fast growing company with a large private label force, providing
services to companies looking for connectivity to the Internet (Private Label
ISP, (PLISP) for the end-user. With over 17,000 different local dial-up
numbers in the Continental United States, our network covers most major and
minor cities.
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: the duration and extent of the current economic
downturn in our 14-state local service area, including its effect on our
customers and suppliers; 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 SEC's current investigation
into our accounting policies, practices and procedures and certain
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 Congress, regulatory authorities,
media and others (including any internal analyses) of financial reporting
issues and practices or otherwise; further delays in making required public
filings with the SEC; 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.
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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