Laurel Hollow Consumers One Step Closer to Real Choice for Cable TV

NEW YORK - The Long Island village of Laurel Hollow is bringing its residents a major step closer to choice for their cable television services, thanks to the Village Board of Trustees' unanimous vote last night (June 22) to award a video franchise to Verizon for its FiOS TV service.

FiOS TV is Verizon's state-of-the-art, fiber-optic television service, which will be delivered via the company's fiber-to-the-premises (FTTP) network. Verizon is the first company to offer such a communications network, connecting homes and businesses directly to fiber optics on a widespread scale.

"This is great news for residents of Laurel Hollow, who now will have more choice for their video entertainment," said Monica Azare, Verizon senior vice president for New York and Connecticut. "We applaud the village trustees and Mayor Denise DeVita for helping to bring choice and control to their residents. Competition drives innovation, value and service quality.

"We look forward to similarly successful negotiations with other towns and villages throughout New York state," said Azare.

Laurel Hollow is the fifth Long Island community - and the eighth in the state - to grant Verizon a cable franchise, following the communities of Massapequa Park, Cedarhurst, the Town of Hempstead and the Town of Oyster Bay. The Rockland County villages of Nyack, South Nyack and Upper Nyack have also granted Verizon cable franchises.

Customers in Laurel Hollow join this growing list of New York communities that are paving the way for competition and choice in the television market. As with all local franchise approvals in New York, the agreement between Laurel Hollow and Verizon is subject to review by the New York State Public Service Commission.

Verizon, which launched FiOS TV last September in Keller, Texas, currently offers the service in parts of California, Florida, Maryland, Massachusetts, New York, Texas and Virginia.

FiOS TV is designed to be a formidable competitor to cable and satellite, offering a broad collection of all-digital programming with more than 400 channels, over 20 high-definition channels, video on demand and more. Verizon's fiber network delivers amazingly sharp pictures and sound, and has the capacity to transmit a wide array of high-definition programming that is so clear and intense it seems to leap from the TV screen. In addition to FiOS TV, Verizon's fiber network also allows the company to offer consumers and businesses high-speed FiOS Internet service, which is currently available in many New York communities.

Verizon's FTTP network, which is the largest of its kind in the country, has industry-leading quality and reliability. It is currently under construction in more than half of the states where the company offers landline communications services, including more than 150 New York communities.

Verizon Communications Inc. (NYSE:VZ), a Dow 30 company, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving 53 million customers nationwide. Verizon Business operates one of the most expansive wholly-owned global IP networks. Verizon Telecom is deploying the nation's most advanced fiber-optic network to deliver the benefits of converged communications, information and entertainment services to customers. Based in New York, Verizon has a diverse workforce of more than 250,000 and generates annual consolidated operating revenues of approximately $90 billion. For more information, visit www.verizon.com.