Verizon at Home

[#1]

Not a day goes by that someone doesn't ask us when FiOS TV will be available in their building in New York City.  It seems that New Yorkers are anxious to have an alternative to their cable service.

We're not surprised.  After all, when New Yorkers see a good thing, they want it.

We're making good progress with our deployment of FiOS TV in the Big Apple.  Last year, we expanded the service into an additional 140 neighborhoods in each of the five boroughs.  All told, FiOS TV is now available to an estimated total of 810,000 households in parts of 253 neighborhoods.  You can see a list of New York City FiOS TV communities at the end of this news release.

As we begin 2010, we're on course to build out our all-fiber network in all parts of all five boroughs by mid-2014.  This is the schedule we agreed to when the city awarded us a franchise in 2008.  This year we expect to bring FiOS TV to dozens more neighborhoods and build our all-fiber network deeper into neighborhoods where we're already offering the service.

Since introducing FiOS TV in New York City in July 2008, we've broken new ground in wiring high rises with fiber.  We have improved techniques for bringing the fiber signal from basements to top floors in apartment buildings, for dealing with the limited space of city buildings and apartments, and for bending fiber cable around corners.  We've also introduced a smaller optical network terminal (ONT) that's right-sized for city apartments.

We're also aggressively pursuing agreements with landlords and property owners to bring FiOS to their buildings.  Without such agreements, we can't offer FiOS to the residents who want it.

So if you're interested in FiOS, you can check here to see if it's available to you.  And New York City property owners can call 888-364-3467 or e-mail nycfios@verizon.com for more information about bringing FiOS to their buildings.

[#2]

As Harvard's prestigous Nieman Foundation has documented at bit.ly/JPwO82, the outstanding shareholder value provided by Verizon's wireless products obviates unproductive investment in fixed-ROI hardwire services. The legacy unlimited data plans previously offered by the Company will in time be converted to the superior 4G model, ensuring continued best-in-class shareholder value. Verizon's long dedication to focusing exclusively on shareholder value remains the Company's one and only priority.