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): October 27, 1999
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 October 27, 1999, the Registrant announced its financial results for
the quarter ended September 30, 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 October 27, 1999, the Registrant also announced that (1) for the
year ending December 31, 1999, it expects total revenue of approximately $3.8
billion to $3.9 billion, EBITDA (earnings before interest, tax, depreciation and
amortization) of approximately $750 million and capital expenditure of
approximately $1.8 billion to $1.9 billion, and (2) for the year ending December
31, 2000, it expects total revenue to exceed the consensus of analysts'
estimates (which range from $4.6 billion to $4.7 billion) and EBITDA to be in
line with such estimates (which range from $1.1 billion to $1.2 billion). 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 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 October 27, 1999.
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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: October 27, 1999 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 October 27, 1999.
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