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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 75.80

+1.2%

Nov 21 3:59 PM EST

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To: John Coltrane who wrote (4443)	6/28/1999 10:03:00 PM
From: Nick	Read Replies (1) of 6846

Qwest Responds to Frontier Press Release DENVER, June 28 /PRNewswire/ -- In response to the press release issued this evening by Frontier Corporation, Qwest Communications International Inc. (Nasdaq: QWST - news) said it will not revise its current proposal to acquire Frontier based upon the factors mentioned by Frontier in their release. Noting that Frontier's Board continues to evaluate the Qwest offer, the company said, ''As our proposal is superior, particularly in light of Frontier's announcement this evening, we would expect the Frontier shareowners' best interests would be served by a prompt affirmation of our offer so that we may proceed together. Time, of course, is of the essence to us and the Frontier shareowners.'' Qwest remains ready to meet with Frontier's Board to address all aspects of its proposal.

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