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Qwest Communications

Industry: Communications Services

Fortune Rank: 188

Q provides local telecommunications and related services, Intra-LATA and InterLATA long distance services and wireless, data and video services. For the 6 months ended 6/30/05, revenues fell less than 1% to $6.92B. Net loss decreased 90% to $107M. Revenues reflect reduced local voice revenues and a decrease in consumer access lines. Lower loss reflects an increase in margins due to employee cost savings.

Qwest Communications International Inc. (Qwest) provides local telecommunications and related services, long-distance services, and wireless, data and video services within its local service area, which consists of the 14-state region of Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming. The Company operates in three segments: Wireline Services, Wireless Services and Other Services. Its business customers include small businesses, national and global businesses, governmental entities, and public and private educational institutions. It also provides products and services to other telecommunications providers who purchase the Company's products and services on a wholesale basis. During the year ended December 31, 2004, Wireline Services contributed 96%, Wireless Services contributed 3.7% and Other Services contributed 0.3%, respectively, to the Company's total revenue.

Qwest Communications

Qwest Communications is a Fortune 500 company. In 2010 Qwest Communications was ranked number 188 on the Fortune 500 list, making it the 188th largest company in the United States when judged by revenue.

Qwest Communications achieved revenue of $12,311.00 million in 2010 and earned a profit of $662.00 million.

Qwest Communications' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 188th compared to 197th in 2009. This was based on its 2009 revenue of $13,475 million (a change of -1 million compared to 2010) and profits of $681 million (a change of $-19 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Qwest Communications would be ranked 183rd rather than 188th due to its profits of $662 in 2010.

* US$ Million

• Address
  • Qwest Communications
    1801 California St
    Denver
    CO
    80202
• Contact Details
  • Phone: 303-992-1400
  • Fax: 303-896-8515
  • Website: www.qwest.com
  • Stock Symbol: Q

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