Qwest Nixes Plans To Sell Long-Haul Network

At an estimated value of around $4 Billion Qwest announced today confirming that they will not be selling their long-haul network. I have to agree with the Telecom Ramblings blog in that this was just a trial and if they didn't like the bids today, it won't stop them from reconsidering an offer later in the year.

Check out the Qwest Press Release here

There is a nice history lesson of the 1984 AT&T break-up and the resulting baby bells on the Wikinvest site.

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Interview with Qwest CEO

Om Malik has a short, but nice interview with Edward Mueller, CEO & Chairman of Qwest. Due to some poor customer experience stories I have not been a big fan of Qwest. However, I imagine you can come up with similar stories for most any carrier.

Qwest is certainly going in different directions over the past few years. It's interesting that they would be such a heavy contender for the broadband market. Qwest is the dominant local loop provider in my area. They mention their fiber to the home initiatives -- hey Qwest - I'll pilot it for you!! :)

Check out Om's interview here