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February 18, 2005
Qwest set to raise cash element of MCI bid
Qwest International's new offer for MCI is likely to...agreed cash and paper bid by Verizon Communications is too low. The prospect of a renewed...s shares closed at $22.31 while Qwest gained 2.9 per cent and Verizon...investors' growing confidence that Qwest's move will force MCI's board... By Paul Taylor in New York
May 3, 2006
Qwest profits rise on cost cutting
...with further cost cutting helped Qwest Communications International, the fourth-largest US telecommunications...periods. In the year ago period, Qwest recorded a gain of $257m, or 14...mobile-phone network to Verizon Communications. Excluding that gain, the company... By Paul Taylor in New York
June 8, 2009
Fruitless Qwest
Number three US phone company Qwest was using the right bait in the wrong season...economies of scale and boosted cash flows. Had Qwest put out a “for sale” sign before the...concentration. But that was then and this is now. Qwest was a motivated seller but hardly desperate...
October 5, 2006
Qwest’s shares fall after buy-back plan
The shares of Qwest Communications, the fourth largest US telecommunications...were hoping for a dividend payment. Qwest’s shares dropped 28 cents, or 3...growth in broadband subscribers. Qwest’s shares are still a fraction...by the strength of their Cingular Communications mobile joint venture, which has been... By Paul Taylor in New York
May 13, 2006
Qwest refuses to hand over data
Qwest, the US telecoms company, refused to hand over private...three biggest US telecoms companies - AT&T, Verizon Communications and BellSouth - acceded to the NSA's requests and began...allow a fishing expedition". An official at the Federal Communications Commission, the telecoms regulator, declined to comment... By Paul Taylor in New Yorkand Stephanie Kirchgaessner in Washington
April 23, 2005
MCI statement on Qwest offer
...Qwest offer - April 23: MCI Concludes Qwest Offer is Superior Verizon has five...PRNewswire-FirstCall/ -- MCI, Inc. (Nasdaq: MCIP) today announced...Board of Directors has determined that Qwest Communications International Inc.’s latest offer to acquire the...
February 19, 2005
Qwest set to raise cash element of MCI bid
Qwest International's new offer for MCI is likely to...agreed cash and paper bid by Verizon Communications is too low. The prospect of a renewed...s shares closed at $22.31 while Qwest gained 2.9 per cent and Verizon...investors' growing confidence that Qwest's move will force MCI's board... By Paul Taylor in New York
February 8, 2007
Qwest returns to profit as costs decrease
Qwest Communications International, the third-largest US telecommunications...realignment costs. For the full year Qwest reported a net profit of $593m compared...programme.” Like its rivals, Qwest has focused on attracting DSL subscribers... By Paul Taylor in New York
March 17, 2008
Retrial for ex-Qwest chief
...the former chief executive of Qwest Communications, and ordered a new trial. The Circuit...involving the sale of $101m of Qwest stock in 2001 ahead of the bursting of telecoms bubble which sent Qwest’s stock plunging. He was sentenced... By Paul Taylor in New York
May 24, 2005
Qwest rules out re-entering MCI bidding
Qwest Communications on Tuesday ruled out re-entering the bidding for...the focus of a three month takeover battle between Qwest and Verizon Communications. Richard Notebaert, Qwest's chief executive, told shareholders attending... By Paul Taylor in New York