Qwest Communications receives SEC Inquiry

Denver (March 12, 2002) -- Qwest Communications International Inc. received an inquiry from the Denver regional office of the Securities and Exchange Commission requesting documents related to the company's accounting policies, practices and procedures for 2000 and 2001.

One area targeted is the accounting of sales of optical capacity, particularly to customers from which the company agreed to purchase optical capacity, and the sale of equipment to customers from which Qwest bought Internet services or to whom Qwest contributed financing.

Qwest said it would comply fully with the SEC request.

-- Electronic Accountant Newswire staff

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