News & Information
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article)
Qwest GC Favors Innovative Communication
The National Law Journal by Richard Acello March
02, 2010 ON A QWEST
Rich Baer is chief legal officer at Denver-based
Qwest Communications International,
the nation's third-largest
telecommunications company
NSA threatened Qwest CEO with repercussions
if he didn’t cut a surveillance deal
Online Journal
By
Wayne Madsen, Online Journal Contributing Writer
March 2, 2010
(WMR)
WMR has learned from sources who worked in senior positions for the
telecommunications company Qwest that its former chairman and CEO, Joseph
Nacchio, was threatened with retaliation
Telecom giant says rural company milking
federal regulations Scripps News
By Steve
Alexander,
Minneapolis Star Tribune
March 3, 2010 Is a free chat room for singles a
bargain for romance or a telecom scheme to bilk Qwest?
One of Qwest's
video bets may be struggling to get streaming
By Andy Vuong The
Denver Post
March 4, 2010
During a keynote speech in
December, Qwest then-executive vice president Neil Cox boasted about a strategy
of delivering movies, shows and other video content to television sets over the
broader Internet
UPDATE 2-Qwest aims to cut debt 25 pct in
next 12 months Sees improving debt/EBITDA ratio in 2010, 2011
Reuters Sinead Carew February 25, 2010 NEW YORK, Feb 25
(Reuters) Telecommunications carrier Qwest
Communications International Inc (Q.N)
said on Thursday it expected to reduce its debt by $3.5 billion, or 25 percent,
over the next 12 months
Qwest a
ZillionTV investor
The
Denver
Post February 25, 2010
Qwest said Wednesday that last year it made a "very small,
or immaterial, investment" in ZillionTV, a startup developing Internet-based
video-on- demand service
Fiber-optic
connections help grow cellular bandwidth
The
Denver
Post
Andy Vuong
February 25, 2010 Pieter
Poll's 13-year-old son used nearly 340 megabytes of data on his Motorola Droid
smart phone last month, about 70 times more than Poll's wife consumed on her
BlackBerry
Market Report
-- In Play (Q)
MSN Money February 24, 2010 8:01 AM ET
Qwest and Qwest Capital Funding announce cash tender offer by Qwest Capital
Funding
Quietly, Qwest
invests in other people’s techDenverBusiness
JournalGreg Avery
February 24, 2010
Qwest stopped putting money into its Internet-delivered video
after CEO Ed Mueller arrived in mid-2007, so it may surprise some that the
Denver-based telecom invests in other company’s Internet video technology
Lawsuit: Free chats cost Qwest a
bundle
The
regional telecom giant alleges that a rural phone company is offering Minnesota phone
numbers to milk access fees from
Qwest
Minneapolis
Star Tribune Steve Alexander February 24, 2010 - 10:43 PM
Is a free chat room for singles a bargain for romance or a telecom scheme to
bilk Qwest?
Qwest
committee approves incentive plan The
Denver
Post
February 23, 2010 The
compensation and human-resources committee of Qwest's board of directors has
approved an incentive plan for management and senior executives, according to a
regulatory filing
State-of-the-Art Technology to Engage Fans
in New, Exciting Ways at Target Field Market Watch
February 23, 2010
MINNEAPOLIS, Feb 23, 2010 (BUSINESS WIRE) Qwest
/quotes/comstock/13*!q/quotes/nls/q
(Q
4.48,
+0.07, +1.47%) today announced it has signed an exclusive multiyear agreement
with the Minnesota Twins to deliver exciting, fan-friendly technology at Target
Field. The baseball franchise has named Qwest its Official
Level 3 Should Roll Up The Long Distance Market, Analyst Says
Barrons
By Eric Savitz February 19,
2010 The
time has come for Level 3
(LVLT) to go shopping for additional players in the long-distance telephony
business, Oppenheimer analyst
Timothy Horan asserts in a research
note today that has stirred up considerable investor interest in the group
Hearings on illegal stock profits
slated in Nacchio resentencing
The
Denver
Post
February 19, 2010
A federal judge has set a two-day hearing starting April 21 in Denver to
determine what former Qwest chief executive Joe Nacchio gained on company stock
he illegally sold based on insider information.
Hearing set in April in Nacchio
re-sentencing
The Associated Press
February 18, 2010
DENVER—A federal judge has set a two-day hearing
starting April 21 to determine what former Qwest CEO Joe Nacchio gained on
stocks he allegedly sold based on insider information
Hearing on Nacchio resentencing
Thursday
Denver
Business Journal February 18, 2010
Lawyers for Joseph Nacchio
and federal prosecutors are at a hearing Thursday in federal court in
Denver to go over procedures for
the resentencing of the convicted former Qwest CEO
Qwest wrings more cash out of down
2009
The
Denver
Post
By Aldo Svaldi
February 17, 2010
Qwest squeezed more cash out of its operations last
year despite declining revenues from a tough economy and a shrinking number of
land-line customers
Linda Alvarado steps down from
Qwest board of directors
By The
Denver
Post 02/16/2010 01:00:00 AM MST Updated: 02/16/2010
09:31:31 AM MST
Linda Alvarado, a longtime
member of Qwest's board of directors, has stepped down
Decode your medical bills. Before you pay,
make sure you understand all of the charges. Here are some tips
Los Angeles Times By Francesca Lunzer Kritz February 15,
2010 People with health insurance who get a medical bill this early in
the new year may also get some sticker shock
Qwest Buys Northern Virginia
Data
Center
DataCenterKnowledge.com
Rich Miller February 15th, 2010
Qwest Communications
(Q) has acquired an existing data center in northern
Virginia
that will serve as the company’s 17th CyberCenter hosting facility
Qwest won't renew lease on downtown Denver
headquarters building
By Andy
Vuong
The
Denver
Post
February 13, 2010
The Qwest sign that shines
prominently from the Denver
skyline may be going out.
Level 3 ready to resume hunt for
acquisitions
The
Denver Post
By Andy
Vuong February 11, 2010
More than two years removed from a
spending spree that netted eight companies, Broomfield-based Level 3
Communications is looking to jump back into the acquisition fray in 2010
Qwest being seen as likely takeover target
The
Denver Post
By Andy Vuong February 7, 2010
Qwest Communications appears to be on
the block, with a growing number of Wall Street analysts speculating that the
company is a prime acquisition target and senior management speaking more freely
about consolidation
Last
Duluth
telephone operators lose jobs
Duluth News Tribune February 5,
2010
Qwest will close its call
center in Duluth
after today, putting 52 directory-assistance operators out of work
Qwest to
webcast Feb. 25 NYC conference with analysts
Denver
Business Journal February 3, 2010
Qwest Communications International Inc.
said Wednesday it will a host a meeting with financial analysts Feb, 25 in
New York City
and will webcast the conference live
Qwest shares
rise most in eight weeks
The
Denver
Post
February 3, 2010
Qwest shares rose the most in eight weeks in
New York
trading after Goldman Sachs Group Inc. removed the stock from its "conviction
sell" list
Verizon To Cut 13,000 More Wireline Jobs;
Sees No Wireless Capacity Issues From Smart Phones Barron’s
By Eric Savitz January 27, 2010
They now do it every year
In 2008,
Verizon
(VZ) cut 13,000 jobs from
its shrinking wireline business. In 2009,
they cut another 13,000
Qwest, regulators take aim at 'cramming'
Minnesota
Public Radio
by
Martin Moylan,
January 25, 2010
St. Paul,
Minn
Your phone bill can include charges for a lot more than your normal chitchat
Qwest Raises $80,000 for
Haitian Relief By: Business Wire Jan. 15, 2010 07:50
PM Employees of Qwest
Communications (NYSE: Q) and the Qwest Foundation so far have raised a total of
more than $80,000 to assist victims of the earthquake in Haiti
Business leaders look to preempt move to suspend to tax breaks
The Colorado
Independent
Beth Potter January 14, 2010
Denver
business leaders are predictably pushed back this week against Gov. Bill
Ritter’s latest budget-cutting plan
Nacchio, Rigas make Time's list of top 10
'crooked CEOs' Denver
Business Journal
Thursday, January 14, 2010 Joe
Nacchio, the former
Qwest CEO convicted on insider trading charges,
has been named to Time magazine's "Top 10 Crooked CEOs" list
Judge won't postpone testimony in Qwest
case
The Denver
Post January 13, 2009
A federal judge rejected a
request by the U.S. Intelligence Community to postpone testimony from a
potential witness in a civil fraud case against five former Qwest officials,
including former chief executive Joe Nacchio
Judge denies new trial
for ex-Qwest CEO Nacchio Catherine Tsai
The Associated Press January 13, 2010 DENVER
A federal judge in Denver
has denied former Qwest CEO Joseph Nacchio's request for a new trial on insider
trading charges
Nacchio denied new trial
The
Denver Post
Andy Vuong January 13, 2010
A federal judge today denied Joe Nacchio's motion for a new
trial, effectively ending the former Qwest chief executive's efforts to overturn
his conviction for illegal insider trading
Signs of life in the SEC case against
Nacchio, other ex-Qwest execs
Denver Business Journal
Greg Avery January 11, 2010
The Securities and Exchange Commission’s civil case
against Joseph Nacchio and four other former Qwest executives revs up this week
in Denver
in advance of a summer trial
10-digit dialing
debuts. It went smoothly for the most part, but not without a little whining
The Mail Tribune
By JOHN DARLING,
for the Mail Tribune
January 12, 2010 It was
a rare person who didn't complain Monday about having to dial 10 digits for
local calls — but the biggest bother came with resetting call-forwarding,
speed-dialing and alarm systems
Believe it - you are on your own for retirement.
Fresh
evidence proves that, yes, you are on your own for retirement Star
Tribune, Minneapolis St. Paul Neal St.
Anthony, Columnist January 12, 2010
The standard and comfort level you will have in retirement will be nothing like
your parents or grandparents
Potential Qwest
witnesses to appear in court The
Denver Post
Andy Vuong January 9, 2010
Several potential expert witnesses will appear in federal court next week in a
civil fraud case pending against five former Qwest officials, including former
chief executive Joe Nacchio
Celebration of
broadband report is premature
The
Denver Post By
Chuck Ward January 9, 2010
Re: "The state says 97.5
percent of Colorado residents have access to high-speed
Internet
Qwest sets new FTTN goals, maintains
bundling focus
FierceTelecom Sean Buckley January 6, 2010
As Qwest continues to shift its mindset towards becoming
more of a broadband services company, the telco has set the bar to bring Fiber
to the Node (FTTN) services to half of its 14-state footprint
Qwest sets giving
record with 2009 donations of $10.5M Denver
Business Journal Bob Mook
Friday, January 8, 2010 In
2009, Denver-based telecommunications giant tions
giant Qwest Communications International Inc. gave more to charitable causes
than in any of the past 10 years
Qwest sells
$800M in debt securities Denver
Business Journal Friday, January 8, 2010, 11:39am MST Qwest Communications International Inc.
sold $800 million in debt securities Thursday that mature in
2018 and will help it pay $525 million in debt coming due next
year
One woman turned her interest in teaching into
a second career
Des Moines
Register Patt Johnson January 8, 2010
Barb
Harrington took advantage of a company benefit during her
34-year tenure at Qwest, the metro's telephone company
CORRECTED - UPDATE 1-Qwest expects 09 earnings at upper end (Corrects throughout to reflect
earnings, cash flow forecasts were for 2009, not 2010)
REUTERS Ian Sherr January 6, 2010 SAN FRANCISCO, Jan 6 (Reuters) -
Qwest Communications
International Inc (Q.N) said that it
expects its full-year 2009 pre-tax earnings to come in near the
higher end of its forecast range, and forecast higher free cash
flow and lower pension costs
Qwest Foundations teams with employees to donate $10.5
million
The Daily Tell January -
6 – 2010 Despite the
tough times faced by many in 2009 due to the continued economic
downturn, Qwest Communications, its employees and the Qwest
Foundation increased their commitment to community service by
collectively donating more than $10.5 million
Qwest
shops its LD network again (with local attached)
TELEPHONY ONLINE
Ed Gubbins
Jan 6, 2010
“We’re agnostic about being a buyer or a seller,” said Ed
Mueller, CEO of Qwest Communications
Minneapolis'
$20 million Wi-Fi completed
Star Tribune Steve Alexander
January 4, 2010
It is hilarious to
read the level of stupidity on people's comments: "What a waste
of tax dollars!"
Workforce Solutions unveils new services New Mexico
Business Weekly
January 5, 2010
The Department of Workforce Solutions is
rolling out a new voice mail notification system for those
claiming unemployment insurance
Qwest takes the 100 Gbps challenge
FierceTelecom Newsletter
Sean Buckley
September 3, 2009 Following the lead of Telstra and Verizon with their
respective 100 Gbps trials, Qwest Communications is upgrading
its network to deliver 100 Gbps services to customer edge sites
FierceTelecom 2010 Prediction: Qwest goes to the auction block?
FierceTelecom Newsletter
Sean Buckley,
FierceTelecom
January 3, 2010
With many of the tier 2 telcos
buying one another, it's probably only a matter of time before
one of them gets ambitious and makes a possible move for Qwest,
the smallest of the remaining three RBOCs
Local calls will extend
to 10 digits next Sunday
Mail Tribune
Bill Kettler
January 03, 2010
Southern Oregon's
seven-digit telephone numbers will go the way of the passenger
pigeon beginning Jan. 10
Out of the mouths of
babes, life-changing advice
Minneapolis
Star Tribune
Dick Youngblood, Small Business writer December 31, 2009
John Quinliven's executive job kept
him on the road most of the time. After a comment by his 6-year-old daughter, he
knew it was time to go in a new direction
Qwest Lays Death
Benefit to Rest
Albuquerque
Journal December 30, 2009
Lewis: 2009 could only
make us miss 1999
By Al Lewis
Dow Jones Newswires
December 30, 2009
It's not like Prince sang, "Tonight I'm gonna party like
it's 2009."
Court Backs Nebraska in Rate Dispute
With Qwest
LINCOLN,
Neb.
December 29, 2009 (AP) The Associated Press
Federal appeals panel upholds ruling in Nebraska's favor in Qwest
rate dispute case
Should Dubuque pursue public telecom?
The Telegraph Herald BY M.D. KITTLE, Telegraph
Herald ASSISTANT CITY EDITOR December 29, 2009
The truce with Mediacom might be over after the company received a state
franchise agreement under a 2007 law
Qwest to save about $220 million by cutting retiree death benefits By
Andy Vuong The Denver Post
December 29, 2009
Qwest is eliminating pension death benefits for
thousands of retirees, a move that could cut the Denver-based company's
liabilities by about $220 million.
Qwest ending death
benefits for retirees in '10 Seattle
Post Intelligencer December 29, 2009
THE ASSOCIATED PRESS
DENVER
-- Qwest says it will eliminate death benefits for retirees starting in March
Qwest to cut retirees' pension death
benefits, worth $220 million
By Andy Vuong The
Denver
Post December 29, 2009
Qwest is eliminating pension death benefits for
thousands of retirees
Needy family receives a very merry
Christmas Bismarck
Tribune Steve Wallick December 21, 2009 (The Tribune asked readers to submit stories about
“Christmas angels,” someone who had been kind or helpful to them. Katie
Krukenberg wanted to share this story.)
Ready to start dialing 10 digits? The
Bulletin By Andres Navarro
December 22. 2009
What
you need to know
Qwest arranges $1B in new credit
Denver
Business Journal December 21, 2009
Qwest Communications International Inc. said Monday it has
lined up just over $1 billion in new credit
Qwest donates $25,000 for education
New Mexico
Business Weekly December 22, 2009
Qwest Communications International
donated $25,000 for five educational projects in New Mexico
Court Certifies Class of
Call
Center Employees
Represented by Nichols Kaster, PLLP in Lawsuit Against Qwest Communications
Marketwire December 22, 2009
MINNEAPOLIS,
MN
-- (Marketwire)12/22/09 On December 16, 2009,
the District Court of Minnesota certified several classes of hundreds of
employees working in Qwest Communications' Small Business and
Consumer Call
Centers
who are alleging that Qwest failed to pay them for time working "off-the-clock."
Everything on One Calendar, Please
The New York Times
Corner Office Published:
December 26, 2009
This interview with Teresa A. Taylor, the chief
operating officer of Qwest, was conducted and condensed by Adam Bryant
Judge puts parameters
on Nacchio resentencing
The Denver Post
Business Briefs December 19, 2009
A federal judge will resentence former
Qwest chief executive Joe Nacchio in a two-step process but will not completely
redo the sentencing
Qwest Declares
Quarterly Dividend of $0.08
By: Business Wire
Dec. 17, 2009 09:05 AM
Qwest Communications (NYSE: Q) today announced its
board of directors declared a quarterly dividend of $0.08 per share
UBS says Qwest may be a takeout candidate;
shares up
Reuters December 15, 2009
UBS upgraded Qwest Communications International Inc. to
"buy" from "neutral," and said the company could be a takeout candidate for one
of the rural telephone operators, sending its shares up as much as 5 percent.
Justices again say no
to Nacchio
U.S. Supreme Court nixes ex-Qwest CEO's plea to reconsider
passing on his appeal
By Andy Vuong
The
Denver
Post December 1, 2009 The
U.S. Supreme Court, which in October declined to hear Joe Nacchio's appeal of
his conviction for illegal insider trading, on Monday rejected the former Qwest
chief executive's request to reconsider that ruling
U.S.
Supreme Court denies Nacchio again
By Andy Vuong
The Denver
Post November 30, 2009
The U.S. Supreme Court, which in
October denied Joe Nacchio's petition for a review of his insider trading
conviction, today rejected the former Qwest chief executive's request for
reconsideration
Supreme Court won’t hear Nacchio’s case;
resentencing ahead
Denver
Business Journal - by
Greg Avery
Monday, October 5, 2009, 9:08am MDT | Modified: Tuesday, October 6, 2009,
9:39am
The
U.S. Supreme Court
on Monday denied ex-Qwest CEO Joe Nacchio’s petition to have his case heard and
possibly overturned by the justices.
Qwest CEO sees opening for mergers By Amy Thomson, Bloomberg News
Denver Post Friday, September 18, 2009
Qwest chief executive Ed Mueller said
there are more opportunities for acquisitions now because stock prices have
dropped through the recession
Qwest selects new COO. Teresa Taylor, who has
worked in various posts at the firm, replaces Tom Richards, who resigned By
Andy Vuong Denver Post Tuesday, September 1, 2009
Qwest announced Monday that Teresa Taylor has been selected
to replace Tom Richards as chief operating officer
Sol Trujillo's 32pc cut in total
remuneration nets $9m By Staff Reporters The Australian (WSJ) Thursday,
August 13, 2009
Sol Trujillo took a 32 per cent cut in total remuneration in his final year as
Telstra's chief executive, receiving $9.06 million
Qwest drops perk for execs. The payouts to
cover unreported expenses were eliminated following complaints by a shareholder
By Andy Vuong Denver Post Saturday, August 22, 2009
Qwest has eliminated a perk in which top executives were
given tens of thousands of dollars a year to cover unreported expenses, the
company disclosed in a filing Friday
Qwest CEO puts home on market. Ed Mueller
wants to sell his house near Cherry Creek, but Qwest says he won't leave
Denver
By Andy Vuong
Denver Post
Wednesday, August 19, 2009
Qwest chief executive Ed Mueller has put his
9,200-square-foot mansion near Cherry Creek on the market for $4.7 million
Qwest to shut off its wireless service
October 31 By Sinead Carew Reuters Aug 18, 2009
NEW YORK
(Reuters) -
Qwest Communications International Inc said on Tuesday that
it would discontinue its own-brand wireless service at the end of October and
started telling customers they need to switch to another service
U.S.
lets Nacchio ruling stand. Prosecutors won't challenge a court order expected to
lower the ex-CEO's prison term
By Andy Vuong Denver Post
Tuesday, August 18, 2009
The U.S. Department of Justice will not appeal a decision
that ordered a new sentence for former Qwest chief executive Joe Nacchio, an
agency spokeswoman said Monday
Telstra admits denying network access to
rivals. Telstra could face a fine of up to $300 million after admitting to the
Federal Court it was guilty of misleading and deceptive conduct in denying
competitors access to its copper network
By Mitchell Bingemann The
Australian Thursday, August 6, 2009
It is understood Telstra made the
startling admission in a defence filing lodged with the Federal Court on July 31
Re-sentence for Nacchio not unusual. A
ruling that might shorten his jail term isn't rare with financial crime, some
say By Andy Vuong Denver Post
Wednesday, August 5, 2009
A ruling last week that could shorten Joe Nacchio's
six-year prison term for insider trading surprised many retirees and
shareholders who blame the former Qwest chief executive for the company's
financial meltdown earlier this decade
Joe Nacchio's possible prison terms
By Andy Vuong Denver
Post Monday, August 3, 2009
On Friday, a federal appeals panel ruled that former Qwest CEO Joe Nacchio’s
six-year prison term for insider trading was too long and sent the case back to
the district court for resentencing
Court
Says Nacchio Prison Term Improper By Dionne Searcey The Wall Street Journal
Friday, July 31, 2009
A federal appellate court has ruled
Joseph Nacchio, former chief executive of
Qwest Communications International Inc., was improperly
sentenced after his 2007 conviction for insider trading
Nacchio's jail time could be cut. An appellate panel finds that the trial judge
erred in calculating his sentence and forfeiture By Andy Vuong and Sara
Castellanos Denver
Post Saturday, Aigist 1, 2009
A federal judge miscalculated when he
sentenced Joe Nacchio to a six-year prison term for illegal insider trading and
ordered the former Qwest chief executive to forfeit $52 million, a three-judge
appeals-court panel ruled Friday in reversing his original sentence
Appeals court orders new, shorter sentence
for ex-Qwest CEO Joe Nacchio
By P. Solomon Banda Mpls Star
Tribune Saturday, August 1, 2009 DENVER
An appeals court has ordered a new, shorter sentence for ex-Qwest CEO Joe
Nacchio, saying his 6-year term for insider trading was too long
House Backs Greater Say
On Pay by Shareholders Bill Also Adds to Regulators' Power to Curb Compensation
By David Cho and
Tomoeh Murakami Tse, Staff Writers Washington Post Saturday, August 1, 2009
The House
approved legislation Friday that would give shareholders greater say over
executive pay and expand the powers of regulators to limit compensation packages
that they deem improper
Budget paring and more high-speed-Internet
subscribers help boost its second-quarter showing
By Andy Vuong
The Denver
Post Posted: 07/30/2009 01:00:00 AM
MDT Updated: 07/30/2009
02:24:30
AM MDT
Cost cutting and high-speed-Internet subscriber growth
helped Qwest post an 18 percent increase in second-quarter earnings, but the
company continues to lose phone customers at an accelerating rate
Qwest posts 18% jump in 2nd-quarter earnings
By Andy Vuong The
Denver
Post Posted: 07/29/2009 07:45:28 AM
MDT Updated: 07/29/2009 03:00:37 PM MDT
Qwest posted an 18 percent increase in earnings during the
second quarter, spurred by cost cuts and growth in large business customers and
residential high-speed Internet subscribers
A retiree raises a fuss
after letters and e-mails go without responses
By Andy Vuong The
Denver
Post
Posted: 07/29/2009 01:00:00 AM MDT
When
Qwest's board of directors successfully beat back a proposal this year to let
minority shareholders call special meetings, it contended the company already
had "open lines of communications with stockholders."
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