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): February 2, 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.)
700 Qwest Tower, 555 Seventeenth 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)
ITEM 5. OTHER EVENTS
On February 2, 2000, the Registrant announced its financial results for the year
ended December 31, 1999. A copy of the press release announcing the results is
attached as Exhibit 99.1 to this Current Report on Form 8-K.
On February 2, 2000, the Registrant also announced that it expects (1)
communications services revenue growth of approximately 37% to 42% and
communications services EBITDA (earnings before interest, taxes, depreciation
and amortization) growth of approximately 65% to 75%, in each case for the year
ending December 31, 2000, compared to the year ended December 31, 1999, and (2)
gross margins for the fourth quarter of 2000 to be in the high 40% range. This
information relates to Qwest on a "stand-alone" basis. It does not give effect
to Qwest's pending merger with U S WEST, Inc. or the synergies expected to be
achieved from the merger.
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 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, dependence on new product development, rapid
technological and market change, failure to maintain rights of way, financial
risk management and future growth subject to risks, Qwest's ability to achieve
Year 2000 compliance, adverse changes in the regulatory or legislative
environment, and failure to complete the merger with U S WEST and achieve
projected synergies and financial results timely or at all. This Current Report
on Form 8-K and the attachments include or incorporate by reference analysts'
estimates and other information prepared by third parties for which Qwest
assumes no responsibility. Qwest 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.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Exhibit 99.1 Press release of the Registrant dated February 2, 2000.
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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: February 2, 2000 By: /s/ ROBERT S. WOODRUFF
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Robert S. Woodruff
Executive Vice President - Finance,
Chief Financial Officer and
Treasurer
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EXHIBIT INDEX
Exhibit 99.1 Press release of the Registrant dated February 2, 2000.
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