'Qwest Arena' Launches with Strategic Agreement by Qwest, Owners of Downtown Arena, Grove Hotel and Idaho Steelheads; New Relationship Will Benefit Local Community and Area Sports Fans.BOISE, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. -- Qwest Communications
See: New York Stock Exchange : Q) and the owners of the downtown arena The Downtown Arena is a proposed Arena in downtown El Paso, Texas. If constructed it is expected to have a capacity of more than 17,000. Making it the biggest arena in West Texas, Ciudad Juarez and Southern New Mexico, and making it the biggest arena in El Paso above the Don Haskins , Block 22 and Idaho Sports Properties, together with the Grove Hotel The Grove Hotel is a hotel which is in a chain of the largest family-owned and run hotel group in the United Kingdom. The centre piece of the Hotel is the Manor. Built in Elizabethan times, the hotel has seen many famous guests go through its doors from; Queen Victoria and and the Idaho Steelheads The Idaho Steelheads are a minor league ice hockey team in Boise, Idaho. They were originally part of the West Coast Hockey League, but survived the jump from the WCHL to the East Coast Hockey League in 2003 after the ECHL absorbed the league. Hockey Club, today announced a new sponsorship agreement that names the facility "Qwest Arena Qwest Arena (formerly Bank of America Centre) is multi-purpose arena in Boise, Idaho. It holds 5,300 fans for ice hockey and basketball, 5,732 for end-stage concerts, 6,400 for boxing and up to 6,800 for center-stage concerts. It contains 4,508 permanent seats. ." The agreement also calls for Qwest to become the exclusive telecommunications supplier to Qwest Arena, the Grove Hotel and the Idaho Steelheads organization for high-speed Internet See broadband. , wireless, local and long-distance services. In addition to naming rights Naming rights are the right to name a piece of property, either tangible property or an event, usually granted in exchange for financial considerations. Institutions like schools, places of worship and hospitals have a tradition of granting donors the right to name facilities in , Qwest will partner with the Idaho Steelheads to increase support for local charities. "We are excited to find a partner who shares our core values of being a good community partner and who is also dedicated to providing an excellent experience for our fans," said Glenn Stanford, Qwest Arena and Idaho Steelheads president. "In Qwest, we have found more than a name for the facility, we have established a partnership that will reach well beyond the rink and into the very community that supports it." "We're pleased to be associated with this great community resource and partner, to further our commitment to Idaho, and to support the continued economic development of downtown Boise and the state," said Jim Schmit, Qwest president for Idaho. "We look forward to providing great service to the patrons of the Grove Hotel, the Idaho Steelheads and the thousands of fans and visitors who will attend games and events at Qwest Arena throughout the year." Qwest's roots in Idaho extend more than 100 years. Qwest employs nearly 1,800 people in Idaho and, over the past five years, has invested more than one-quarter of a billion dollars in Idaho's network infrastructure. That network is used daily by large and small businesses, schools, hospitals, non-profit organizations and residents throughout the state. Qwest continues to expand high-speed Internet access throughout the state. About Qwest Qwest Communications International Inc. (NYSE: Q) is a leading provider of high-speed Internet, data, video and voice services. With approximately 40,000 employees, Qwest is committed to the "Spirit of Service" and providing world-class services that exceed customers' expectations for quality, value and reliability. For more information, please visit the Qwest Web site at www.qwest.com. About Qwest Arena Qwest Arena is the most original indoor sports and events arena in the Northwest. Located in the heart of downtown Boise, Qwest Arena is just steps away from shopping, restaurants and local businesses. The Arena has bowl seating for 5,000 people, including 39 entertainment suites and The Zone restaurant and sports bar overlooks all of the action in the Arena. Home of the 2004 ECHL ECHL East Coast Hockey League ECHL Eastern Collegiate Hockey League (college hockey league) National Champion Idaho Steelheads and the Idaho Stampede The Idaho Stampede are an American basketball team that play in the NBA Development League. They are based in the Boise, Idaho area and play at the Qwest Arena in Boise, as of 2005. of the Continental Basketball Association This article is about the American CBA. For the CBA in China, see Chinese Basketball Association. The Continental Basketball Association (CBA) is a professional men's basketball league in the United States. , Qwest Arena hosts a variety of special events including concerts, trade shows, conventions, ice shows, and other sporting events. Adjoined to the arena, the Grove Hotel is Boise's only AAA-rated Four-Diamond property, and embodies the essence of luxury and convenience while living up to the highest standards and amenities in the state. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Note This release may contain projections and other forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by us with the Securities and Exchange Commission, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including but not limited to: access line losses due to increased competition, including from technology substitution of our access lines with wireless and cable alternatives; our substantial indebtedness, and our inability to complete any efforts to de-lever our balance sheet through asset sales or other transactions; any adverse outcome of the current investigation by the U.S. Attorney's office in Denver into certain matters relating to us; adverse results of increased review and scrutiny by regulatory authorities, media and others (including any internal analyses) of financial reporting issues and practices or otherwise; rapid and significant changes in technology and markets; any adverse developments in commercial disputes or legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. , including any adverse outcome of current or future legal proceedings related to matters that are the subject of governmental investigations, and, to the extent not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. by insurance, if any, our inability to satisfy any resulting obligations from funds available to us, if any; potential fluctuations in quarterly results; volatility of our stock price; intense competition in the markets in which we compete including the likelihood of certain of our competitors consolidating with other providers or otherwise reorganizing their capital structure to more effectively compete against us; changes in demand for our products and services; acceleration of the deployment of advanced new services, such as broadband data, wireless and video services, which could require substantial expenditure of financial and other resources in excess of contemplated levels; higher than anticipated employee levels, capital expenditures and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. ; adverse changes in the regulatory or legislative environment affecting our business; changes in the outcome of future events from the assumed outcome included in our significant accounting policies; and our ability to utilize net operating losses Net operating losses Losses that a firm can take advantage of to reduce taxes. in projected amounts. The information contained in this release is a statement of Qwest's present intention, belief or expectation and is based upon, among other things, the existing regulatory environment, industry conditions, market conditions and prices, the economy in general and Qwest's assumptions. Qwest may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in Qwest's assumptions or otherwise. The cautionary statements contained or referred to in this release should be considered in connection with any subsequent written or oral forward-looking statements that Qwest or persons acting on its behalf may issue. This release may include analysts' estimates and other information prepared by third parties for which Qwest assumes no responsibility. Qwest undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements and other statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. By including any information in this release, Qwest does not necessarily acknowledge that disclosure of such information is required by applicable law or that the information is material. The Qwest logo is a registered trademark of Qwest Communications International Inc. in the U.S. and certain other countries. |
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