Roads are icy in spots that saw accumulating snow yesterday. Allow yourself plenty of extra time this morning and dress warmly, as wind chills are in the single digits and teens for many. A second disturbance will bring another round of snow showers to the Front Range this afternoon and early evening. While not as heavy as yesterday, some additional light accumulations over the higher terrain will be possible, including Teller and Northern El Paso Counties. Highs in the 30s and 40s will feel colder when factoring a blustery northwest wind. Click on the 'Weather' tab for more...
(Denver-AP) -- Qwest Communications says it has reached new
terms on three-point-four billion dollars in loans.
The deal with its 29 lenders is aimed at keeping the troubled
telecom giant from defaulting on payments and filing for
It includes a new 750 million dollar term loan at the
company's Qwest-Dex business.
Qwest vice chair and chief financial officer Oren Shaffer says
the pending sale of Qwest-Dex and the renegotiation of loans will
put liquidity concerns behind the company.
The company is struggling to escape debt totaling 26-point-6
Shares of Qwest closed up 34 cents, or ten percent, at
3-dollars-and-60 cents on the New York Stock Exchange.
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