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


To: RTev who wrote (4611)7/19/1999 9:10:00 AM
From: RTev  Respond to of 6846
 
...and from the Rocky Mountain News, there's this interesting look at a possible future for Qwest:

The future won't wait anymore
rockymountainnews.com
and also a good summary of the deal:
rockymountainnews.com

Highlights from both:

"We want to accelerate deployment of broadband and 
Internet services out of region, and we want to
aggressively grow services in-region," explained US
West leader Sol Trujillo.

To consumers, the combination promises such offerings
as movies over phone lines, e-mail over wireless phones
and computerized help throughout homes and businesses.
...
"We've been building the fastest, next generation
superhighway of a network," said Lew Wilks, Qwest's
president for Internet and multimedia products. "US
West has been building the next generation of off
ramps" to bring that backbone capacity to homes and
offices.

"If (Qwest CEO) Joe Nacchio's smart, he'll make US
West the demo system for what he wants to do," said
columnist Jim Seymour of TheStreet.com. "It could
almost embarrass the other RBOCs (regional Bell
telephone companies) into being real companies."

They can't wait to get started, said Joe Zell, Wilks'
counterpart at US West Interprise. "Already we can
complete each other's sentences."

For all the grief US West has taken about service
levels, Zell said, it is the unqualified leader in
deploying high-speed digital subscriber line service.
Analysts agreed that US West's deal with Qwest provides
the financial and technical capacity to make DSL more
widely available.
...
While other regional Bell companies installed a lower-
cost, lower-speed DSL, US West's product runs at 7 to
8 megabits per second, fast enough to download movies,
Seymour said.
...
Products for the rest of us include a new WebPhone for
e-mail and simple browsing; Web2Go, a hybrid wireless
device; and WebVision, "WebTV on steroids" for Net
surfing and phone answering without leaving one's couch.

On the business side, application service provision --
in which software companies license their products for
just-in-time delivery over Qwest's networks -- will soon
be available to US West's 25 million customers.
...
"We will be a competitive force, and I believe the
regulators will see it that way," he said.

Much of the money the new Qwest plans to make will
come from growth in markets including 30 European cities
and 150 U.S. communities the company will serve.

The emphasis in Sunday's announcement was on the
technology of the next century, based on the Internet's
way of moving information. Both companies have
aggressively pursued data networking, using new
technologies to zap huge amounts of information that is
transforming how businesses work.

Jim Seymour of TheStreet.com, an online investing
newsletter, predicted a smooth merger because both firms
are headquartered in downtown Denver. "I think it's going
to be pretty easy to get the two companies together," he
said.