After WorldCom, Qwest and everything else, the market is having a 'When will this end' and 'Which company is next' reaction, ... So even though this isn't exactly a surprise, it shakes investor confidence even more.
Quotes about qwest (16 Quotes)
Long-distance is a growth business for Qwest but not their focus.
We believe that both BellSouth and Qwest will move ahead with their own terrestrial video strategy in 2006. We believe that recent comments by the CEOs of BellSouth and Qwest support our view and suggest a more favorable outlook towards facilities-based video.
For Qwest, this underscores our commitment to the communities in which we live and work. Not only are we thrilled to grow our relationship with the State of Wyoming, but we're proud to be the network provider to such a successful education network -- one that will benefit all the students in the state, while enhancing the voice and data infrastructure in Wyoming to benefit all citizens and complex business users.
Our joint venture with Qwest capitalizes on this explosive new market by creating the industry's first total solution for managed and implemented business applications,
Action is being driven by the news of the day, namely Microsoft, Nortel, Qwest, ... The fact that we're hanging in there with so much negative news out there is good.
It's not clear that Qwest is a near-term candidate to be bought by anyone. I still think debt reduction needs to be a priority.
Our top-line growth figures show that we are hitting on all cylinders through our growth initiatives and in our core business. And much of that top-line success is flowing to the bottom line, despite incurring higher-than-anticipated dilution from our growth initiatives. In short, as we near the finish line in our Qwest merger, we're continuing the transformation of U S West into a growth-oriented vehicle.
We, U S West, are not allowed to be in the long-distance business today. But we wanted to make sure that we could bring the benefits of services of companies like Qwest to our customers.
We had an exciting quarter at US West. In addition to announcing our merger with Qwest, we've also announced quarterly results that show clear operational momentum.
The stock price may have come down but Qwest still carries a heavy debt burden and that is not very attractive to potential acquirers.
The agreements at issue are not about Qwest failing to allow competition. The issue is about whether 11 contracts between Qwest and individual wholesale customers should have been filed with state public utility commissions,
The one thing that Qwest has is its local franchise, and over the next two years it's going to become increasingly embattled as (cable company) Comcast starts rolling out more aggressively with their digital voice service. I don't think they get acquired at all.
These deals leave standalone entities in a precarious position given likely competition from larger companies. BellSouth and Qwest have to decide how important a national presence is.
I think it's a good agreement for both sides. I think it reflects that Qwest recognized that the union work force is value-added and a critical party in helping the company.
The available evidence suggests that generally, Qwest has succeeded in opening local telecommunications markets to competition,