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Subject:  $54 mil Qwest Communications deal Date:  9/30/1999  9:22 AM
Author:  TMFSpirit Number:  15 of 45

Good morning,

This morning, Qwest Communications International Inc. and CAIS Internet (Nasdaq: CAIS), a pioneer in broadband access solutions, announced a strategic relationship worth approximately $69 million for the delivery of high-speed Internet access to new markets. Qwest has been awarded a $54 million contract from CAIS for high-speed Internet capacity and broadband Internet communications services. The agreement also calls for Qwest to invest $15 million in CAIS Internet to accelerate the company's network and high-speed multi-user technology.

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