Qwest for Mediocrity

3:00 PM -- A few data points on Qwest Communications International Inc. (NYSE: Q), from today's "Telecommunications: Wireline" survey by Standard & Poor’s:
As of March 2005, Qwest had total debt of $17.3 billion. In June 2005, Standard & Poor’s reiterated its developing “BB–” long-term corporate credit rating on Qwest, citing the relatively good overall business risk profile of Qwest’s increasingly challenged (but still well positioned) local exchange business. However, this was tempered by the company’s lack of a national wireless presence in contrast to the other RBOCs, a fairly leveraged financial profile, and pending shareholder lawsuits and regulatory investigations.

To review: No national wireless presence. No next-gen access strategy. No way to stem access line loss. And $17B in debt.

Question of the day: What could Qwest buy now to make itself look better?

— Phil Harvey, Crumbling Incumbents Editor, Light Reading

mattmorr 12/5/2012 | 3:02:47 AM
re: Qwest for Mediocrity ...and Internet 2/IPv6 can't be all bad. AND they were completely unaffected by Katrina. BUUYAHH!
Sign In