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Qwest, Verio in $100M Network Access Agreement

Qwest Communications International Inc. and Verio Inc. signed a seven-year, $100 million contract that gives Verio access to capacity on Qwest's domestic Macro Capacity Fiber Network.

Through its fiber optic network, Qwest delivers data, video, and voice connectivity to both corporate and consumer clients. Verio is a full-service, national Internet service provider focused primarily on the small- to mid-sized business market.

Qwest said its domestic network will span 16,285 miles and serve over 125 cities, covering approximately 80% of the data and voice traffic originating in the United States. It is scheduled for completion in the second quarter of 1999.

Presently the network has 3,750 activated miles that connect from Los Angeles to Cleveland and from Dallas to Houston.

Qwest's extension of its network 1,400 miles into Mexico will be completed late in the third quarter 1998.

"Our seven-year agreement with Qwest underscores Verio's ongoing effort to provide a high-speed, highly reliable network for our business and institutional customers around the country," said Verio chief executive officer Justin Jaschke.

"Qwest's high-capacity nationwide network will provide Verio with a strong facilities base to support our continued rapid growth and to develop a wide range of enhanced Internet products and services to meet our customers' expanding telecommunications requirements."