CLEC News

Qwest Signs With J.P. Morgan Chase

Wayne Kawamoto
Managing Editor, Clec-Planet

February 13, 2002 -- Qwest Communications International Inc. (NYSE: Q), the broadband communications company, announced that it has won a multimillion dollar, multi-year agreement with J.P. Morgan Chase & Co. (NYSE: JPM), a leading global provider of financial services. Qwest will provide JPMorgan Chase with secure, reliable voice and data services for its worldwide operations.

JPMorgan Chase has assets of $694 billion and operations in 50 countries. With relationships with more than 99 percent of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, and retail and middle market financial services. Qwest's network services will enable JPMorgan Chase to use data and voice communications services to streamline business operations and reduce costs associated with information technology.

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