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Qwest Named Among Top 100 Companies Providing The Most Opportunities To Hispanics By Hispanic Magazine

Qwest Named Among Top 100 Companies Providing The Most Opportunities To Hispanics By Hispanic Magazine

Published 02-05-04

Submitted by Qwest Communications International

DENVER--Qwest Communications International Inc. (NYSE: Q) today announced it has been named to Hispanic magazine's "Corporate 100: The Top 100 Companies Providing the Most Opportunities to Hispanics."

"Qwest is honored to be recognized by Hispanic magazine for promoting growth opportunities to its employees," said Barry Allen, executive vice president and chief human resources officer. "Embedded in our corporate culture is the pledge to extend Qwest's Spirit of Service to the growing Hispanic populations in all of our service communities."

With a customer base of more than six million Hispanics in Qwest's local service region, the company has taken significant steps to attract and retain top Hispanic talent to its work force. This includes the creation of a Hispanic marketing and advertising team. The all-bilingual team of professionals is dedicated to developing Qwest messaging, advertising, and marketing programs targeted to the Hispanic communities Qwest serves.

Qwest leaders participate in Hispanic Chambers of Commerce in communities throughout the company's local service region. This includes the cities of Denver, Phoenix, and Portland.

"We are pleased to have Qwest as a member of the Arizona Hispanic Chamber of Commerce (AZHCC)," said Harry Garewel, president and CEO of the AZHCC. "The role Qwest plays in promoting and fostering the local Hispanic business community is invaluable in a city where the Hispanic population is growing - creating an inherent demand for services and the economic infrastructure to meet the needs of our Hispanic consumers, small business, and large industry alike."

Hispanic magazine compiled the list based on the recruitment efforts, diversity training, minority business initiatives, and funding efforts for scholarships and organizations demonstrated by the companies.

About Qwest
Qwest Communications International Inc. (NYSE: Q) is a leading provider of voice, video and data services to more than 25 million customers. The company's 47,000 employees are committed to the "Spirit of Service" and providing world-class services that exceed customers' expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com.

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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: the duration and extent of the current economic downturn in our 14-state local service area, including its effect on our customers and suppliers; access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the SEC's current investigation into our accounting policies, practices and procedures and certain transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by Congress, regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; further delays in making required public filings with the SEC; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings, including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete including the likelihood of certain of our competitors emerging from bankruptcy court protection or otherwise reorganizing their capital structure and competing effectively against us; 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; and changes in the outcome of future events from the assumed outcome included in our significant accounting policies.

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 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 Qwest logo is a registered trademark of, and CyberCenter is a service mark of, Qwest Communications International Inc. in the U.S. and certain other countries.

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Qwest Communications International

Qwest Communications International

Qwest offers a unique and powerful combination of managed voice and data solutions for businesses, government agencies and consumers - locally and throughout the country. Customers coast to coast are turning to Qwest's industry-leading national fiber optic network and its Spirit of Service for quality products and superior customer experience. Qwest is a participant in Networx, the largest communications services contract in the world, to provide leading-edge voice, data and video services. For more information on Qwest, and its various operating subsidiaries, please go to www.qwest.com. For information about the products and services Qwest is offering in the Networx contract, visit www.gsanetworx.com. The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries.

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