Qwest Reports Third Quarter 2008 Results

DENVER — Qwest Communications International Inc. (NYSE: Q) today reported operating results for the third quarter of 2008. Net income was $151 million, or $0.09 per diluted share, in the quarter. This compares to net income of $2.1 billion, or $1.08 per diluted share, during the same period in 2007.

In the third quarter, the company reported a solid increase in high-speed Internet customers and steady gains in DIRECTV video subscribers. The fiber to the node (FTTN) build-out has been extended to more than 1.5 million potential customers and is on pace to meet the year-end build-out target of 1.8 million potential customers.

Video subscribers increased by 39,000 during the quarter resulting in total video subscribers of 761,000.

                     As of September 30
                     ------------------
(in thousands)       2008       2007      % Change
                     ----       ----      --------      
Video subscribers     761        605         25.8%

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