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| Qwest Bracing for SEC Action by Jeremy at 7:20 am EST, Apr 2, 2002 | |||
Qwest Communications International will take a charge of $20 billion to $30 billion, part of its efforts to reflect the decline in the value of recently acquired assets, including US West. The company also said it expects the Securities and Exchange Commission to recommend some sort of action against it ... Qwest may have to take another significant writedown on its investment in KPNQwest because shares valued at $7.15 on Dec. 31 have fallen by more than half. | |||
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