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


To: AllenP who wrote (2344)10/26/1998 9:42:00 AM
From: MangoBoy  Read Replies (1) | Respond to of 6846
 
[QWEST SIGNS $25 MILLION DOLLAR CONTRACT WITH EQUANT]

-- Creates seamless global services capability for multi-national customers

DENVER--(BUSINESS WIRE)--Oct. 26, 1998--Qwest today announced it has been awarded a contract from Equant, a leading provider of seamless international data network services to multinational businesses. Under the terms of the three-year agreement, Qwest will provide US domestic voice and voice VPN services to Equant's customers. The contract has an estimated value of $25 million over its term.

"This agreement combines the complementary capabilities of Qwest and Equant. By leveraging Qwest's US-based Virtual Network Services (VNS) with Equant's Global Voice Services (GVS), Equant's multinational customers will have customized solutions for all of their US and international needs," said Lewis O. Wilks, president of business markets for Qwest.

"We are pleased to have Qwest as a partner," said Doug Gilstrap, Chief Operating Officer of Equant Network Services. "This agreement will enable Equant to better meet the needs of its multinational customers."

About EQUANT

Equant (NYSE:ENT; Paris Bourse: EQU), with primary offices in Atlanta and Amsterdam, is a leading provider of seamless international data network services to multinational businesses. The company is a single source for global desktop communications, providing managed data network services, network design and integration, equipment installation, maintenance and support services as well as software development services. Equant operates the world's largest commercial data network in terms of geographic coverage, which extends to over 220 countries and territories. Equant's customers include American Express, Bayerische Vereinsbank, Hilton, Interpol, ING Bank, P&O Nedlloyd, Rhone-Poulenc, Samsung, Shell, SWIFT, Swiss RE, Xerox, and other multinational organizations with substantial cross-border data communications needs. See equant.com for more information.