Prospectus Supplement Dated May 20, 1999 to Prospectus Dated
April 20, 1999
QWEST COMMUNICATIONS EXTENDS EXCHANGE OFFER
Denver, May 20, 1999. Qwest Communications International Inc. (the "Company")
has extended to 5:00 p.m., Eastern Daylight Time ("EDT"), May 25, 1999, its
offer (the "Exchange Offer") to exchange its 7.25% Series B Senior Notes Due
2008 ("New Notes") for its 7.25% Senior Notes Due 2008 ("Old Notes"). The offer
had been schedule to expire at 5:00 p.m. EDT on May 20, 1999. Old Notes in the
approximate aggregate principal amount of $296 million have been tendered in the
Exchange Offer.
Holders of Old Notes who do not tender before 5:00 p.m. EDT May 25, 1999, will
continue to hold unregistered securities and will have no right to compel the
Company to register their Old Notes under the Securities Act of 1933.
About Qwest
Qwest Communications International Inc. (Nasdaq: QWST) is a leader in reliable
and secure broadband Internet-based data, voice and image communications for
businesses and consumers. Headquartered in Denver, Qwest has more than 8,500
employees working in North America, Europe and Mexico. The Qwest Macro Capacity
Fiber Network, designed with the newest optical networking, will span more than
18,500 route miles in the United States when it is completed by mid-1999, and an
additional 315-mile network route that will be completed by the end of the year.
In addition, Qwest and KPN, the Dutch telecommunications company, have formed a
venture to build and operate a high-capacity European fiber optic, Internet
Protocol-based network that has 2,100 miles and will span 9,100 miles when it is
completed in 2001. Qwest also has nearly completed a 1,400-mile network in
Mexico. For more information, please visit the Qwest web site at www.qwest.com.
# # #
This release may contain 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 Qwest with the SEC,
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 potential fluctuations in quarterly results, dependence on
new product development, rapid technological and market change, failure to
complete the network on schedule and on budget, financial risk management and
future growth subject to risks, Qwest's ability to achieve Year 2000
compliance, and adverse changes in the regulatory or legislative environment.
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.
The Qwest logo is a registered trademark of Qwest Communications International
Inc. in the U.S. and certain other countries.
