Investment, Innovation Under New Ownershipīurnett said that the future holds important improvements to the business that will benefit advertisers and consumers. "In order to be a leader in providing local information and search capabilities, we believe it's important that our 3,000 employees live, work and stay involved in the communities we serve," Burnett says. With more than 50 offices across the 14 states, Dex Media intends to maintain a strong local presence. The company will operate as Qwest's official directory publisher in the states of Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico (including El Paso, Texas), North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming. Investors can continue to count on us for industry leadership." "Businesses can continue to rely on us for better value for their advertising dollar than any other print directory or advertising medium.
"Consumers and advertisers can continue to expect the most complete, accurate, and most-used print, CD-ROM and Internet directories in our 14-state region," said George Burnett, president and CEO of Dex Media. Attwood, Jr., managing director, The Carlyle Group and co-chairman of Dex Media. "Our investors will benefit from the value Dex brings to the marketplace and the predictable cash flows the company generates," said James A. de Nicola, partner of Welsh, Carson, Anderson & Stowe and co-chairman of Dex Media.
#DEX ONLINE ARIZONA FULL#
"We're delighted to have full ownership of this great company and we look forward to working with the Dex team to take the business to an even higher level of performance," said Anthony J. Dex Media will continue to serve as Qwest's official, exclusive directory publisher under its 50-year publishing agreement. is now operating as the largest privately-owned incumbent directory publisher in the world, based on current annual revenue of approximately $1.6 billion. With the second phase of the sale completed today, Dex Media, Inc. The first phase of the sale, Dex Media East, closed November 8, 2002. The close of the seven Dex Media West states marks the consummation of the $7.05 billion transaction, announced last August. from Qwest Communications International Inc. DENVER - SeptemThe Carlyle Group and Welsh, Carson, Anderson & Stowe today confirmed the completion of the purchase of Qwest Dex, Inc.
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