NEW YORK (Reuters) - Qwest Communications International Inc said on Monday that it planned to deepen partnerships to offer consumers better video, Internet and wireless services.
The company, in prepared statements for an analyst meeting, also forecast 2008 capital spending of around 1.8 billion and reiterated expectations for revenue to be flat or slightly down.
Qwest recently reported a rise in quarterly profit thanks to a tax benefit as well as an increase in high-speed Internet subscribers, but revenue fell and the company is seen as vulnerable to growing competition from cable operators and declining sales of traditional phone services.
(Reporting by Ritsuko Ando, editing by Gerald E. McCormick)
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