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): August 8, 2002
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.)
1801 California Street Denver, Colorado 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 800-879-4357
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Not applicable
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(Former name or former address, if changed since last report)
ITEM 5. Other Events.
On August 8, 2002, Qwest Communications International Inc. ("Qwest") announced
its financial results for the 2nd quarter of 2002 and its revised financial
guidance for the full year 2002. A copy of the press release announcing the same
is attached as Exhibit 99.1 to this Current Report on Form 8-K.
On August 8, 2002, Qwest also hosted a conference call with media, analysts,
investors and other interested persons during which it discussed its revised
guidance. As previously announced, the webcast of the call (live and replay) is
accessible on Qwest's website.
Forward Looking Statements Warning
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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 Communications International Inc. (together with its
affiliates, "Qwest", "we" or "us") with the Securities and Exchange Commission,
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 but not limited to: the duration and extent of the current
economic downturn in our 14-state local service area, including its effect on
our customers and suppliers; any adverse outcome of the SEC's current inquiries
into Qwest's accounting policies, practices and procedures; adverse results of
increased review and scrutiny by the Department of Justice, other regulatory
authorities, media and others (including any internal analyses) of financial
reporting issues and practices or otherwise; rapid and significant changes in
technology and markets; failure to achieve the projected synergies and financial
results expected to result from the acquisition of U S WEST, and difficulties in
combining the operations of the combined company; our future ability to provide
interLATA services within our 14-state local service area; potential
fluctuations in quarterly results; volatility of Qwest's stock price; intense
competition in the markets in which we compete; changes in demand for our
products and services; dependence on new product development and acceleration of
the deployment of advanced new services, such as broadband data, wireless and
video services, which could require substantial expenditure of financial and
other resources in excess of contemplated levels; higher than anticipated
employee levels, capital expenditures and operating expenses; adverse changes in
the regulatory or legislative environment affecting our business; adverse
developments in commercial disputes or legal proceedings; and changes in the
outcome of future events from the assumed outcome included by Qwest in its
significant accounting policies.
The information contained in this Current Report on Form 8-K is a statement of
Qwest's present intention, belief or expectation and is based upon, among other
things, the existing regulatory environment, industry conditions, market
conditions and prices, the economy in general and Qwest's assumptions. Qwest may
change its intention, belief or expectation, at any time and without notice,
based upon any changes in such factors, in Qwest's assumptions or otherwise. The
cautionary statements contained or referred to in this Current Report on Form
8-K should be considered in connection with any subsequent written or oral
forward looking statements that Qwest or persons acting on its behalf may issue.
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This Current Report on Form 8-K may include 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.
By including any information in this Current Report on Form 8-K, Qwest does not
necessarily acknowledge that disclosure of such information is required by
applicable law or that the information is material.
ITEM 7. Financial Statements and Exhibits.
Exhibit 99.1 Press Release dated August 8, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Qwest has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
QWEST COMMUNICATIONS INTERNATIONAL INC.
DATE: August 8, 2002 By: /s/ YASH A. RANA
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Yash A. Rana
Vice President
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.1 Press Release dated August 8, 2002
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