Qwest Communications
International Inc. Monday secured a $1 billion credit line to help finance the continued construction
of its nationwide fiber-optic network and to expand overseas.
Bank of America is the lead bank with First Union Corp.,
Bank of New York Co. and Citibank also participating.
Qwest plans to provide voice and high-speed Internet and data
services over its network that is expected to stretch across 18,815 miles. The
network is slated for finalization in the middle of 1999 and will provide service to 130 U.S. cities.
CRS Report: - - NLE::
density data transmission on crowded network paths by providing an avenue for the federal investment in IT R&D by approximately $1 billion over five years.
http://www.ncseonline.org/NLE/CRSreports/Science/st-11.cfm=8650822&CFTOKEN=46917143HOME |
"This new line of credit gives us greater financial
flexibility to support our rapid growth -- enhancing Qwest's
first-to-market speed and keeping the company and its services on
the leading edge of demand," said Robert Woodruff, Qwest's executive
vice president of finance and chief financial officer.
Williams Communications Strong Execution Drives First Quarter Results::
Premier Network Builder to World Class Operator TULSA, Okla., May 1 /PRNewswire and $525 million available under its $1.05 billion bank credit facility.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORory/05-01-2001/0001482159HOME |
Cash Kings - Forbes.com::
Bottom line: 11 funds have reaped $51 billion in profits for investors. article on Home Shopping Network in FORBES; managed $1 million by senior year.
http://www.forbes.com/archive/forbes/2006/1009/158.htmlHOME |
Complaint: SEC v. Jack Benjamin Grubman::
credit not counting things like NTT [Nippon Telecom] or KPN [KPN Qwest] our predicting that the company may need $1 billion to fund its operations in 2003,
http://www.sec.gov/litigation/complaints/comp18111b.htmHOME |
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