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): September 11, 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)
<PAGE>
ITEM 5. Other Events
On September 11, 2000, at a financial analyst conference, the Registrant gave a
presentation regarding its business. In the course of its presentation at the
conference, the Registrant disclosed pie charts comparing its capital
expenditures, broken down by general areas of its business, in 1999 to that
expected in 2001. The charts showed a significant increase in investment
expected in high-growth areas, including IP (Internet Protocol), web hosting,
ASP (application service provider), broadband access and in-region wireless.
(The Registrant has previously announced it expects capital expenditures in 2000
to equal $9 billion, and in 2001 to equal $9.5 billion.) A description of the
pie charts follows:
Caption: Investing in the Right Places
<TABLE>
<CAPTION>
Area Approximate Range as a Percentage of Total Capital Expenditures
Of Business 1999 2001
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<S> <C> <C>
Traditional Data 42 30-35
Voice 38 25-30
IP/Hosting/ASP 3 20-25
Broadband Access 3 10-15
In-Region Wireless 6 5-7
Broadband Network 7 Less than 2%
</TABLE>
Forward-Looking Statement Warning
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. ("U S WEST") 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, volatility of
the Registrant's stock price, intense competition in the communications services
market, changes in demand for the Registrant's products and services, dependence
on new product development and 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, rapid and significant changes in technology and markets,
adverse changes in the regulatory or legislative environment affecting the
Registrant's business and delays in the Registrant's ability to provide
interLATA services within its 14-state local service territory, failure to
maintain rights of way, and failure to achieve the projected synergies and
financial results expected to result from the acquisition of U S WEST timely or
at all and difficulties in combining the operations of Qwest and U S WEST.
This Current Report on Form 8-K and the attachments may include or incorporate
by reference analysts' estimates and other information prepared by third parties
for which the Registrant assumes no responsibility. The Registrant 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.
<PAGE>
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: September 12, 2000 By: /s/ Yash A. Rana
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Yash A. Rana
Associate General Counsel and Assistant Secretary
