Ed Mueller, CEO of Qwest Communications International Inc. (Q), told analysts this week his company has enough room to deal with debt maturities that come due in late 2010.
Reuters reports that Mueller says Qwest is generating free cash flow and could handle convertible debt of around $1.2 billion.
Still, the Denver-based RBOC is watching its books. It announced 1,200 layoffs in October when third-quarter earnings came in lower than expected.
