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Qwest Serves Flagstar Bank

Qwest Communications awarded services agreement from Flagstar Bank

June 10, 2002

1 Min Read

DENVER -- Qwest Communications International Inc. (NYSE: Q - News) today announced that it has been awarded a multi-year, multimillion-dollar agreement with Flagstar Bank FSB, a subsidiary of Flagstar Bancorp, Inc. (NYSE: FBC - News), the largest savings institution headquartered in Michigan. Qwest will provide Flagstar with data and voice communications services as well as professional services.Qwest will supply Flagstar with frame relay services that will transmit high-speed data among 50 of Flagstar's offices throughout the United States; toll-free and long-distance voice services to numerous Flagstar locations; and professional services to upgrade Flagstar's computer and communications systems equipment in multiple sites nationwide. Qwest will manage the implementation and ongoing maintenance of Flagstar's high-speed data network."Customizable solutions are a key differentiator in the financial services industry, and Qwest prides itself on offering a wide range of tailored communications and management offerings," said Clifford Holtz, Qwest executive vice president for National Business Accounts. "Qwest is known for its world- class network, industry-leading service level agreements and second-to-none security measures, but our focus on combining our core assets into a one-stop solution is becoming an increasingly attractive proposition to all industry sectors."Qwest Communications International Inc.

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