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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: Kurthend who wrote (4541)	7/13/1999 7:29:00 PM
From: RTev	Read Replies (2) \| Respond to of 6846

Is there a place or site that mentions QWST giving up their long distance customers? It's mentioned in several of the news articles. A copy of a Qwest June 27 press release that mentions it is copied in this message: #reply-10290791 Here is the relevant section again: James H. Quello, former FCC Commissioner for 23 years and former interim FCC Chairman, concluded in a letter addressed to Joseph P. Nacchio, Qwest Chairman and CEO, that the company's plans to divest its inter- LATA revenues and operations in the 14-state U S WEST region is 'a clear, simple and effective way of complying with the requirements of section 271' of the Telecommunications Act of 1996. Qwest said that the long distance revenues that might be divested constitute less than one percent of the combined company's operations. Qwest also said that it would restart its long-distance business after the combined company achieved Section 271 compliance. As I understand it (and there are others here who understand these things far better than I) the last sentence means that they'd be able to get back into the long-distance business within their home territory once the FCC had certified them as open to competitive local carriers.