Qwest Communications Awarded $36 Million Contract From PNG Telecommunications
Denver, August 2, 1999 – Qwest Communications International Inc. (Nasdaq: QWST), the broadband Internet communications company, today announced it has been awarded a $36 million, multi-year contract from PNG Telecommunications, an established provider of telecommunications products and services. Under the agreement, Qwest will provide PNG, which is now doing business as PowerNet Global Communications, with a suite of communications solutions including frame relay, high-speed private line and domestic and international long distance services.
PNG joins the company's growing roster of wholesale customers that are using the Qwest network to provide its subscribers a variety of domestic and international services. PNG's services are marketed on a nationwide basis to businesses and consumers through a network of independent representatives.
"Qwest has one of the most comprehensive wholesale service portfolios available today and as a result it continues to secure business with other established companies such as PNG," said Greg Casey, Qwest's senior vice president of wholesale markets. "PNG gains access to one of the industry's most scalable and reliable communications networks and the ability to offer traditional and next-generation services to customers."
"By working with Qwest, we can expand our reach to become even more competitive in the marketplace," said Bernie Stevens, PNG's CEO. "With access to Qwest's full array of communications solutions our growing agent base will be able to provide customers top quality services at very competitive prices."
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