4

Wishful Qwest CEO sees future for landlines

How many of you have gotten rid of your old landline? Plenty, no doubt -- and that's created a pain in the pocketbook for Denver-based Qwest. Still, the firm's CEO, Ed Mueller, isn't ready to toss what was once a centerpiece of the firm's success on the historical scrap heap alongside eight-track tapes and Betamaxes.

In a meeting with assorted industry analysts covered by Dow Jones

, Mueller acknowledged that Qwest faces escalating losses related to the fixed-line side of things, but he thinks the decline will end sooner or later. "We don't know when the bottom is," he conceded. "I do believe there will be a bottom." In the meantime, he said the business is "bumping along."

Continue Reading

Not exactly a ringing endorsement.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

Newsletters

All-access pass to the top stories, events and offers around town.

  • Top Stories
    Send: