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Technology Stocks : USW US West: New Things Happening Over the Airwaves -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (9)	7/28/1998 3:41:00 AM
From: Jacob Snyder	Read Replies (2) \| Respond to of 161

New U S West Posts Earnings In Line With Street Estimates Dow Jones Newswires July 27, 1998 ENGLEWOOD, Colo. -- Baby Bell U S West Inc. Monday reported a 21% decline in net income for the second quarter, but results generally were in line with analysts' expectations. Revenue rose 7.9% from a year ago to $3.05 billion. U S West reported net income of $296 million, or 59 cents a diluted share. That included charges worth $89 million, or 17 cents a share, from the company's split from cable company MediaOne Group Inc. Excluding items, net income was $385 million, or 76 cents a diluted share -- a penny above the mean estimate of analysts polled by First Call. Last month, U S West Inc. completed its split into two separate companies, the new U S West Inc. and cable television concern MediaOne, formerly U S West Media Group. Net income in the comparable year-ago period totaled $375 million, or 74 cents a diluted share. That included a gain of $18 million, or four cents a share, from rural exchange sales. Excluding the gain, pro forma net income was $357 million, or 71 cents a share diluted. U S West said local service revenue in the latest second quarter rose 14.7% from a year ago, and its core business was boosted by a Caller ID promotional campaign. The company said results were hurt by continuing competition for local telephony business in the latest quarter. Despite controlling a huge 14-state swath that stretches from Washington to Iowa, U S West has a scant 16 million access lines, making it the smallest of the Bells. But it also has experienced arguably the least competition from rival carriers. While upstarts zealously have entered lucrative markets such as New York and Los Angeles, competition is scarce in Billings, Mont. U S West wants to expand with greater emphasis on data-transmission, high-speed Internet access and other telephone services that take advantage of direct connections -- local phone lines -- to customers. U S West must now build a wireless service, having assigned those assets to the cable unit it left. The Bell also lacks an international presence at a time when other carriers are hungrily eyeing overseas markets. And it must reverse a reputation for bad service that earned it the nickname "U S Worst." In the wake of giant mergers and alliances in the telecommunications sector, some observers have speculated that parts of U S West might be worth more than the whole. SBC Communications Inc., for example, might be interested in U S West's systems serving dense business centers such as Phoenix, Seattle and Minneapolis. Rural operators, which get tidy federal subsidies for their trouble, might gobble up local exchanges in hard-to-serve areas. But acquisitions experts said the tax penalties and regulatory hurdles would make such transactions pretty unthinkable. The company's boldest move yet is the long-distance deal it cut recently to market the long-distance services of Qwest Communications International Inc. The move drew immediate fire from rivals since the Bells aren't allowed to operate long-distance services in their home territories until they prove they have opened their markets to competition. But the deal sidesteps that restriction because U S West is simply marketing the other company's service so that its customers can get convenient one-stop billing. No revenue will go to U S West other than bird-dog fees for landing the customers. But this could change once the company gets the long-distance restriction lifted.

To: White Shoes who wrote (9)	8/15/1998 7:00:00 PM
From: Prospector	Respond to of 161

White Shoes Thank you so much for puttin in a thread for US WEST.... I love to talk about US WEST.. Prospector

To: White Shoes who wrote (9)	8/15/1998 7:14:00 PM
From: Prospector	Read Replies (1) \| Respond to of 161

US West is a big cable and phone conglomerate This is my FAVORITE (conglomerate) hhahahahaha It's a conglomerate alright...LOL LOL LOL all screwed up... 24,000 hahahaha and they say all we guarentee is 14,400 .... My 56,000 has a hard time keepin up with 24,000 what a joke... when ya down load you can go have a few cups of coffee run to the store.. and come back and find out it timed out on ya and ya have to start all over.... Prospector( go go go US WEST.... I need to get some cheer leaders and send them to us west maybe that will help...)