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Qwest Still Shopping Itself Around
Potential buyers still not interested at Qwest's price...
by Karl Bode Tuesday 09-Feb-2010 tags: dsl · business · Qwest.net
Citing speculation from "a growing number of Wall Street analysts," The Denver Post insists that Qwest Communications is for sale, and argues that either Winstream Communications or CenturyLink are possible buyers. Including phone and broadband lines, core fiber and data centers, the Post speculates that Qwest is worth somewhere around $20 billion (Qwest bought much of their current infrastructure from U S West in 2000 for $45 billion). It's not clear where the renewed speculation is coming from, given Qwest has technically been on sale for years now, and Qwest executives have acknowledged as much for just as long. The problem has been that nobody's been interested in Qwest's aging, significantly rural copper networks (or their long haul network) at the price Qwest wants people to pay.

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ThrowDemsOut
If you can't convince 'em, confuse 'em
Premium
join:2002-03-03
Mullica Hill, NJ
kudos:4

At least they are available for sale at discount rates

In 2000 Qwest paid $45 billion for U.S.West. Today they are worth between $16 billion and $20 billion depending on who is doing the valuation. Well, at least the CEO who engineered this catastrophe is in prison.

Without being broken up in to pieces(and fetching more money that way), who would really want to buy the whole company?
nonymous
Premium
join:2003-09-08
Glendale, AZ
Reviews:
·Callcentric

Re: At least they are available for sale at discount rates

said by ThrowDemsOut:

In 2000 Qwest paid $45 billion for U.S.West. Today they are worth between $16 billion and $20 billion depending on who is doing the valuation. Well, at least the CEO who engineered this catastrophe is in prison.

Without being broken up in to pieces(and fetching more money that way), who would really want to buy the whole company?
That would be Phil would made this all happen and he is not in prison. Joe is just the fall guy. Well paid and not innocent but still the fall guy. Phil has too much money to go to prison and connections.

Tron4Net

join:2010-01-14
Corrales, NM

Qwest 4 Sale

Yepee!!!! I like to get some real service, yes, this could take years but this is a step in the right direction!! Little too late actually National Broadband with be up and running!!

bent
and Inga
Premium
join:2004-10-04
Loveland, CO
Reviews:
·Comcast

Re: Qwest 4 Sale

said by Tron4Net:

Yepee!!!! I like to get some real service, yes, this could take years but this is a step in the right direction!! Little too late actually National Broadband with be up and running!!
It would be nice to have some competition for Comcast here. I comparison shopped Qwest DSL just yesterday. What a joke! Their prices and speeds offer NO value.
--
Greedy Old Pigs v. The Donkey Show
iansltx

join:2007-02-19
Golden, CO
kudos:2
Reviews:
·Comcast
·Verizon Online DSL
If CenLink bought Qwest then I wonder what would happen to Qwest's VDSL2 deployments. That said, there's a MUCH larger chance that I'd get decent internet speeds via DSL on CenLink vs. Qwest; 7 Mbps is the top speed in my town, a stone's throw from Denver. Then again, Denver COs are very often not FTTN either.

BBBanditRuR
Dingbits

join:2009-06-02
Parachute, CO
Reviews:
·Comcast

Saw this coming

I used to like Qwest. They used to have decent DSL. Now, not so much.

My huge gripe with them is the attitude that got them in the hole:

1. They don't have a clue:

»Qwest Keeps Pretending Speed Doesn't Matter

Even if the majority of users are light on speed/bandwidth - they are going to move away to better providers if given the same price/options? No TV/Cellular service either.

2. Such "insight"

»industry.bnet.com/technology/100···er-poll/

quote:
Qwest laid [inter-city] fiber in the late 90s, early 2000s. With a couple of exceptions, we haven't laid fiber since then.

...and it shows. You're not keeping up with the competition like D3 rollouts from Comcast and wireless services like Stelera or Sky-Beam.

quote:
Qwest's belief is that fiber to the home is not necessary for an exceptional broadband experience.
"However, we think you're dumb and will pseudo-market it that way anyhow."

...and this is from last year? Jeez...

3. Let's just run for cover...

»Qwest Wants To Avoid 'Speed Game'

--

I understand they have a huge cost to upgrade, but I just hate the attitude that they think they've got a handle on it and that they "think" they know what I would want. "You're ok with 1.5 down"..Uh, no I'm not actually! Maybe they wanted to get chopped up. Hope somebody or a group that's good can take them over and not pull a boo boo like FairPoint/Verizon.

MSauk
MSauk
Premium
join:2002-01-17
Sandy, UT

Re: Saw this coming

Qwest,

Speeds are consistent I will give them that, but they are really really behind the curve
--
801 Images

Van
Premium
join:2009-07-08
New Orleans, LA

To this day, it was the single worst experience

i have ever had with a company

I had Qwest for a month and couldn't go 5 hours without an outage for hours and ZERO support
fiberguy
My views are my own.
Premium
join:2005-05-20
kudos:3

Re: To this day, it was the single worst experience

... and for me, I had 10 rock solid years of service.. and my area, in the Minneapolis metro, was considered one of the worst in the metro..

.. results do vary.

I thanked god many days I had qwest along side Comcast HSI as my cable modem was going out every day, multiple times - as was my phone service.
dynodb
Premium,VIP
join:2004-04-21
Minneapolis, MN

Yawn

And for how many years have different versions of this rumor been going around? Six? Seven?

And a big to those who think that a change in ownership to a company like Winstream would somehow result in them getting FTTH. The only major carrier doing FTTH in a major way is selling telco assets, not buying them.

Careful what you wish for. Just ask those who's lines were sold by Verizon how that's working out for them.
iansltx

join:2007-02-19
Golden, CO
kudos:2

Re: Yawn

WS and CenLink ARE a lot more aggressive on ADSL2+ though; I think that the VAST majority of COs/RTs on CenLink and WS are ADSL2+ capable. Not so with Qwest.

BBBanditRuR
Dingbits

join:2009-06-02
Parachute, CO
Reviews:
·Comcast

Re: Yawn

That's why I dropped Qwest. If they had stated they were going to be upgrading in the distant future, that's fine, or at least tell me that you're trying. Their statement of "broadband experience" that keeps people onboard baffles me. They showed no interest in upgrading my area (at least on the other side of the river) and no plans to.

IowaMan
Premium
join:2008-08-21
Grinnell, IA
Reviews:
·Iowa Telecom
·Mediacom

Windstream

WS won't buy Q in Iowa as they already bought Iowa Telecom so it would be a virtual monopoly. Then again they allowed Mediacom to have the entire state (virtually) so what is the difference? However based on what I have read WS is way better at roll out of next gen internet products then Century Link.

tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3

Potential buyers still not interested at Qwest's price...

A lot of consumers aren't too interested a Qwest's prices either, but given the amount or rural territory often don't have a choice.

dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4

C'mon verizon!

Buy qworst. I want fios!

Transmaster
Don't Blame Me I Voted For Bill and Opus

join:2001-06-20
Cheyenne, WY

2 edits

Hey big boy want to have a good time


Hi My name is Qwest want to have a good time
You think you are worth how much???? to do what???????
ophelus

join:2004-01-11
Denver, CO
Reviews:
·Comcast

1 edit

It's..

It's quite obvious that qwest doesn't have the infrastructure to compete with comcast.. (here in denver and whatever markets they also compete against each other like the twin cities)

And now comcast is pulling ahead (they could have done it long ago) deploying 12-16 mbit as standard and one day 30-50 mbit standard via docsis 3.0

I would say honestly at the way the internet broadband wars are going the next big competitors to offer a different service will be down to Clearwire/Sprint and LTE deployments by everyone else... and this stuff isn't que'd up to get here for at least a couple years to the markets I'm talking about

KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
Reviews:
·AT&T DSL Service

1 edit

Qwest has a crushing debt load.

Qwest has approximately 14 billion in debt;
They have NO wireless infrastructure;
They have outmoded and obsolete Internet infrastructure (in many areas)
They have a shrinking landline business
Their best asset is their Fiber Optic network (which they may sell off separately)

Basically, the Dowry is way too high. Qwest doesn't have the money to upgrade, and unless it upgrades, it dies.

The beneficial side to this is the Qwest area is the area where you see opportunity for Muni, and Start ups, etc

As for buying out Qwest, why would you? Just wait for it to die and then feast on the carcass. Qwest execs have been hoping to sell for years....
--
"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
Avder

join:2002-05-08
Moorhead, MN
Reviews:
·Midcontinent Com..

So theyre still trying to find a desperate jon to sell to..

Well, Qwest can rot for all I care. I signed up 5 years ago for the highest speed possible here, which was... 3-5 megabits. What I got was... 3 megabits. Five years later? 3 megabits.

Midcontinent is in the process of launching service in town with a 50 megabit speed tier. I probably wont go that fast, but even their cheap offerings are several times faster than anything Qworst offers.

Oh, and I'm finally gonna dump my landline for a cell phone too.

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