PRIMUS Awards Qwest Communications Network Agreement for Nationwide Broadband OC-48 Fiber Optic Backbone Ring.-- Agreement Supports Development of Internet Network Optimized for Business-Critical Applications; -- Qwest Grants PRIMUS Private Internet Peering McLEAN, Va. and DENVER, Jan. 12 /PRNewswire/ -- PRIMUS Telecommunications Group, Incorporated (Nasdaq: PRTL PRTL Post-Registration Training and Learning ), a facilities-based global telecommunications company See telecom company. offering a portfolio of bundled Internet, data and voice services, has awarded Qwest Communications
See: New York Stock Exchange : Q), the broadband Internet communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. , a high-speed capacity agreement on Qwest's nationwide broadband fiber optic backbone and private Internet peering at select sites in the US and overseas. "With the addition of this state-of-the-art broadband US network from Qwest, we believe PRIMUS ranks among the leading global ISPs in terms of fiber optic bandwidth and network footprint," said K. Paul Singh, Chairman and Chief Executive Officer of PRIMUS. "This new backbone will further enhance the reach and capacity of our global fiber and satellite network and will allow significantly more of our customer traffic to travel on our network. Our ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. operations in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and Asia-Pacific, as well as our many ISP and multinational customers worldwide, who rely on PRIMUS for global Internet connectivity will benefit from this high-capacity network and the private Internet peering arrangement with Qwest. Beyond our domestic Internet and data initiatives, we intend to purchase additional fiber optic capacity in Europe and in other countries where we operate." Forming the basis of the US portion of PRIMUS's planned global IP+ATM broadband backbone network, PRIMUS agreed to a long-term capacity purchase with Qwest for a nationwide fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power ring and connecting routes. The ring will connect the cities of Seattle, San Francisco, Los Angeles, San Jose, San Diego, Denver, Dallas, Chicago, Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , Washington, DC, and Miami. Spanning 12 cities initially and nearly 11,000 route miles of fiber optic cable, PRIMUS can acquire OC-48 capacity (2.48 Gbps) as its US bandwidth requirements expand. While some of the backbone is already in place, the full ring and connecting routes are expected to be delivered by the end of the first quarter of 2000. The agreement with Qwest will help strengthen PRIMUS's position as a leading provider of next-generation services, such as dedicated Internet access, global content delivery, web and application hosting, voice-over-IP (VoIP), video streaming, and IP-based virtual private networks (VPNs). PRIMUS's intelligent network will have unprecedented capacity, quality of service and restoration capabilities necessary to offer mission-critical e-business services in the Internet Economy. In addition to the fiber agreements, Qwest and PRIMUS formalized for·mal·ize tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. an Internet peering relationship. Concurrently with the implementation of the fiber backbone ring, Qwest and PRIMUS will privately peer at multiple interconnection points around the globe to exchange TCP/IP (Internet and Internet protocol-based) routing information and traffic. PRIMUS expects to form additional Internet peering agreements with other Tier 1 carriers globally. "The agreements with Qwest allow PRIMUS to stay ahead of the demand curve for our Internet and data services in the US," said Yousef Javadi, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of PRIMUS North America. "Customers come to PRIMUS knowing we strive to provide the highest level of service and quality, which is why we partnered with Qwest for a national broadband fiber optic backbone. With PRIMUS focusing on providing Internet and data services to small- and medium-sized enterprises (SMEs), multinational corporate customers and the 'dot com' companies in the largest telecommunications markets around the world, it was important that we complement our global connectivity with sufficient capacity for access throughout the US where the majority of IP traffic originates and terminates." "We have a great relationship with PRIMUS and we are pleased to have an opportunity to help deliver creative, world-class Internet solutions to customers," said Gregory M. Casey, Senior Vice President of Wholesale Markets for Qwest. "We are excited about the opportunity to support PRIMUS's global IP expansion plans." Noting Qwest's selection of PRIMUS as an Internet peering partner, Mr. Javadi continued, "We are very pleased that a company of such high standing as Qwest has recognized PRIMUS's status as a major Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . Having a world-class network should be very advantageous for PRIMUS as we target the growing number of companies looking for a reliable and robust on-ramp to the Information Highway." About PRIMUS Telecommunications Group, Incorporated PRIMUS Telecommunications Group, Incorporated (Nasdaq: PRTL) is a full-service, facilities-based global communications company offering a bundled portfolio of international and domestic voice, data, and Internet services. The Company provides services through an extensive global network of owned and leased transmission facilities, including ownership interests in 23 undersea fiber optic cable systems, 19 international gateway and domestic switches, a satellite earth station and a variety of operating relationships that allow the Company to deliver traffic worldwide. Founded in 1994 and based in McLean, VA, PRIMUS serves corporate, small- and medium-sized business, residential and telecommunication carrier customers located in North America, Europe and the Asia-Pacific region. Additional information on PRIMUS can be found on the Company's web site at www.primustel.com . About Qwest Communications International Inc. Qwest Communications International Inc. (NYSE: Q) is a leader in reliable, scalable and secure broadband Internet-based data, voice and image communications for businesses and consumers. The Qwest Macro Capacity(R) Fiber Network, designed with the newest optical networking equipment for speed and efficiency, spans more than 24,500 miles in North America. In addition, KPNQwest (Nasdaq: KQIP), Qwest's European joint venture with KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) , the Dutch telecommunications company, is building and will operate a high-capacity European fiber optic, Internet-based network that will span 9,150 miles when it is completed in 2001. For PRIMUS Telecommunications Group, Incorporated: The statements in this release that are forward looking statements are based on current expectations and are not strictly historical statements, which may differ materially from actual results. Not strictly historical statements include, without limitation, those regarding management's plans, objectives, strategy, and timing for future operations, product plans and performance, management's assessment of market factors, and future financial performance. Among factors that could cause actual results to differ materially are changes in business conditions; changes in the telecommunications or Internet industry and the general economy; DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , Internet and telecom competition; changes in service offerings; inability to lease space for mega-data centers at commercially reasonable rates; risks associated with PRIMUS's limited DSL, Internet and web-hosting experience and expertise, entry into developing markets, and managing rapid growth; and risks associated with international operations (including foreign currency translation risks), dependence on effective information systems, and development and performance of PRIMUS's global IP+ATM communications network. These factors are discussed more fully in PRIMUS's public filings, including its most recent 10K and 10Q filings and the prospectus dated November 9, 1999, filed with the Securities and Exchange Commission. For Qwest Communications International Inc.: This release may contain 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 release 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. The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries. |
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