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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 89.41-0.9%3:59 PM EST
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To: Capitalizer who wrote ()7/8/1998 9:22:00 AM
From: NewsTrader  Read Replies (1) of 6846
 
Qwest Communications International Inc. (QWST) expects to post second-quarter revenues of about $370 million, and EBITDA for the same period of about $17 million. Qwest revenue synergies are estimated to exceed $300 million, resulting in EBITDA benefits in excess of $105million; and capital synergies are now expected to exceed $600 million. The June 5th acquisition of LCI International will reflect a purchased R&D write-off in the range of $800 to $850 million in the second quarter.
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