Hispanic Business Magazine Names Verizon Executive Cristina Lambert to Top Five of Elite Women List

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NEW YORK - Cristina Lambert, president and CEO of Puerto Rico Telephone (PRT), was named one of the top five women in Hispanic Business Magazine's list of 25 Elite Women. Verizon owns 52 percent of PRT, the largest provider of telecommunications services in Puerto Rico.

The list appears in the April issue, which includes an in-depth profile of Lambert, a 30-year telecommunications industry veteran. Hispanic Business Magazine noted the 25 Elite Women list recognizes "the nation's most accomplished Hispanic women in the corporate and entrepreneurial arenas for their professional achievements, wide-ranging influence, and service to the country's Hispanic community."

Verizon CEO Ivan Seidenberg said, "This is a well-deserved honor. Cris is a gifted and dedicated leader who has achieved success by working hard and staying focused. We are fortunate to have her on our team."

Lambert, who joined PRT in 1999, was named president and CEO last November. She began her telecommunications career in 1974 with Contel, which merged with GTE in 1991. GTE and Bell Atlantic merged to form Verizon in 2000.

In its profile of Lambert, Hispanic Business Magazine said she "knows the telecommunications business from the bottom up." Lambert began her career as a cashier and worked her way up the ranks, learning each aspect of the telecommunications industry first-hand.

Lambert was born in Panama and earned a B.A. degree from Indiana University and an M.B.A. from Indiana Wesleyan University.

Verizon last year was named best company to work for in Latina Style magazine's annual listing of the 50 top companies for Hispanic women. Lambert, Verizon's highest-ranking Hispanic woman, accepted the award on behalf of the company.

A Fortune 20 company, Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services, with approximately $68 billion in annual revenues. Verizon companies are the largest providers of wireline and wireless communications in the United States. Verizon is also the largest directory publisher in the world, as measured by directory titles and circulation. Verizon's international presence includes wireline and wireless communications operations and investments, primarily in the Americas and Europe. For more information, visit www.verizon.com.

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