Qwest Provides Financial Update

* Reuters is not responsible for the content in this press release.

Tue Apr 7, 2009 11:30am EDT

DENVER--(Business Wire)--
Qwest Communications International Inc. (NYSE:Q) today provided an update on its
expectations for first quarter 2009 financial performance. 

In the first quarter Qwest expects to report free cash flow and EBITDA results
that are in line with the full-year guidance the company provided in its fourth
quarter earnings release on February 10. Qwest expects that first quarter EBITDA
will exceed consensus analyst estimates. Although the company did not provide
revenue guidance, it expects that first quarter consolidated revenues will be
modestly lower than consensus analyst estimates. 

As previously announced, Qwest is scheduled to release its first quarter
earnings results on Wednesday, April 29 at 7 a.m. EDT. Company management will
host a conference call that morning at 9 a.m. EDT to discuss the results and
address analyst questions. 

About Qwest

Customers coast to coast turn to Qwest's industry-leading national fiber-optic
network and world-class customer service to meet their communications and
entertainment needs. For residential customers, Qwest offers a new generation of
fiber-optic Internet service, high-speed internet solutions, as well as home
phone, Verizon Wireless, and DIRECTV services. Qwest is also the choice of 95
percent of Fortune 500 companies, offering a full suite of network, data and
voice services for small businesses, large businesses, government agencies and
wholesale customers. Additionally, Qwest participates in Networx, the largest
communications services contract in the world, and is recognized as a leader in
the network services market by a leading technology industry analyst firm. 

Forward-Looking Statement Note

This release may contain projections and other forward-looking statements that
involve risks and uncertainties. These statements may differ materially from
actual future events or results. Readers are referred to the documents filed by
us with the Securities and Exchange Commission, specifically the most recent
reports which identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements, including but not
limited to: access line losses due to increased competition, including from
technology substitution of our access lines with wireless and cable
alternatives, among others; our substantial indebtedness, and our inability to
complete any efforts to further de-lever our balance sheet; adverse results of
increased review and scrutiny by media and others (including any internal
analyses) of financial reporting issues and practices or otherwise; rapid and
significant changes in technology and markets; any adverse developments in
commercial disputes or legal proceedings; potential fluctuations in quarterly
results; volatility of our stock price; intense competition in the markets in
which we compete including the effects of consolidation in our industry; changes
in demand for our products and services; acceleration of the deployment of
advanced new services, such as broadband data, wireless and video services,
which could require substantial expenditure of financial and other resources in
excess of contemplated levels; higher than anticipated employee levels, capital
expenditures and operating expenses; adverse changes in the regulatory or
legislative environment affecting our business; changes in the outcome of future
events from the assumed outcome included in our significant accounting policies;
and our ability to utilize net operating losses in projected amounts; and
continued unfavorable general economic conditions, including the current
financial crisis. 

The information contained in this release is a statement of Qwest`s present
intention, belief or expectation and is based upon, among other things, the
existing regulatory environment, industry conditions, market conditions and
prices, the economy in general and Qwest`s assumptions. Qwest may change its
intention, belief or expectation, at any time and without notice, based upon any
changes in such factors, in Qwest`s assumptions or otherwise. The cautionary
statements contained or referred to in this release should be considered in
connection with any subsequent written or oral forward-looking statements that
Qwest or persons acting on its behalf may issue. This release may include
analysts` estimates and other information prepared by third parties for which
Qwest assumes no responsibility. 

Qwest undertakes no obligation to review or confirm analysts` expectations or
estimates or to release publicly any revisions to any forward-looking statements
and other statements to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events. 

By including any information in this release, Qwest does not necessarily
acknowledge that disclosure of such information is required by applicable law or
that the information is material. 

The marks that comprise the Qwest logo are registered trademarks of Qwest
Communications International Inc. in the U.S. and certain other countries. 





Qwest Communications International Inc.
Media Contact:
Diane Reberger, 303-992-1662
Diane.reberger@qwest.com
or
Investor Contact:
Kurt Fawkes, 303-992-0029
Kurt.Fawkes@qwest.com



Copyright Business Wire 2009

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