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

To: Scotsman who wrote (4936)	8/18/1999 10:15:00 AM
From: MangoBoy	Respond to of 6846

[Qwest Awarded $25 Million Contract from Internet and Local Exchange Service Provider] DENVER, Aug. 18 /PRNewswire/ -- Qwest Communications International Inc., the broadband Internet communications company, today announced it has been awarded a $25 million contract from LMCI, an Internet and local exchange service provider. Under the three-year contract, Qwest will provide LMCI with advanced network services including co-location, dedicated Internet access, asynchronous transfer mode (ATM), frame relay and private line. LMCI provides broadband communications services to business throughout the U.S. and will be using the Qwest Internet Protocol (IP) backbone to expand its reach to more than 500 cities. LMCI provides a host of IP networking and voice services and will also use the Qwest network to broaden the delivery of its Digital Subscriber Line offering. "Qwest is focused on providing broadband Internet communications solutions for converging technologies," said Stephen M. Jacobsen, Qwest executive vice president of business markets. "LMCI wants to broaden its reach and provide leading edge solutions to its customers, and they have recognized that Qwest's advanced nationwide fiber network provides an excellent platform to do so." In addition, LMCI will co-locate their equipment in Qwest's facilities in a number of key markets. As a result, LMCI will be to provide DSL with added security, speed and reliability.