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Ouch. Qwest slapped with $350 million fine

Wed, 11/15/2000 - 7:00pm
Karen Kessler-Tanaka

Everything's bigger in Texas, including the fines for cutting your competitors phone line.

A Texas jury has ordered Denver-based Qwest to pay AT&T $350 million in punitive damages for cutting a phone line three times in 1997.

Qwest immediately bucked the fine for the slice and dice job, saying it violated a Texas statute that caps punitive damage amounts. The healthy chunk of change equates approximately three-fourths of Qwest's 1999 profit. The company is likely to appeal.

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