SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 6, 2000
QWEST COMMUNICATIONS INTERNATIONAL INC.
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(Exact name of registrant as specified in its charter)
DELAWARE
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(State or other jurisdiction of incorporation)
000-22609 84-1339282
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(Commission File Number) (IRS Employer Identification No.)
1801 California Street Denver, Colorado 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 303-992-1400
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On July 6, 2000, the Registrant hosted a conference call for investors and
financial analysts about its recently completed acquisition of U S WEST, Inc., a
Delaware corporation ("U S WEST").
During the call, Joseph P. Nacchio, the Registrant's Chairman and Chief
Executive Officer, stated that the Registrant expected that:
o The Registrant and U S WEST would meet their respective consensus of
analysts' estimates for the quarter ended June 30, 2000.
o Pro forma capital expenditures in 2000 (for the Registrant and U S WEST
combined) would be between $7.5 billion and $8.5 billion.
o The Registrant (combined with U S WEST) would have 2001 revenues of
approximately $21 billion and EBITDA (earnings before interest, taxes,
depreciation and amortization) of approximately $8.5 billion.
In response to a question regarding rumored transactions, Mr. Nacchio stated
that the Registrant did not have any current intention of acquiring MCI
WorldCom, Inc. or AT&T Corp.
This Current Report on Form 8-K contains 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 Qwest and U S WEST, Inc. 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 maintain rights
of way, financial risk management and future growth subject to risks, adverse
changes in the regulatory or legislative environment, and failure to achieve the
synergies and financial results expected to result from the U S WEST acquisition
timely or at all. This Current Report on Form 8-K includes or incorporates by
reference 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.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
QWEST COMMUNICATIONS INTERNATIONAL INC.
DATE: July 7, 2000 By: /s/ YASH A. RANA
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Yash A. Rana
Associate General Counsel and Assistant Secretary
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