Verizon Business and SoftBank Telecom Enter Strategic Alliance

TOKYO - Verizon Business and SoftBank Telecom have entered into a strategic alliance agreement that benefits multinational customers of both companies doing business in Japan.

The agreement, ratified at a signing ceremony in Tokyo Monday (June 25), provides customers with access to the networks and capabilities of each company. John Killian, president, Verizon Business, and Shinichi Koide, senior executive vice president and chief operating officer, SoftBank Telecom, represented their companies at the event.

SoftBank Telecom is one of Japan's largest ICT (information and communication technology) solution companies. It has a nationwide, fiber-optic network of more than 13,000 kilometers.  Verizon Business owns and operates one of the most expansive IP backbone networks in the world, and provides the industry's best portfolio of global IP and mobile devices, services and solutions for business, government and education customers worldwide.

Killian said: "Japan is a key strategic market for many global businesses, as well as the headquarters location for many of the world's leading companies. For enterprises operating on a global scale, access to secure and high-quality communications infrastructure is a prerequisite for business success. This announcement is yet another demonstration of Verizon Business' commitment to assisting our multinational customers in achieving their global goals. We are delighted to join with SoftBank Telecom to deliver a seamless, high-quality communications experience that will support the evolving business needs of all our mutual customers, both within Japan and around the world."

Koide added: "SoftBank Telecom has been offering ULTINA Global Service by cooperating with various global service providers, and this partnership enables us to meet various demands from customers who are doing business globally, with more flexibility.  SoftBank Telecom and Verizon Business share many similar attributes in their approach to business, not least of which is a shared belief: The client comes first.  In the years ahead, we will cultivate our mutual strengths for the benefit of our customers."

About SoftBank Telecom
SoftBank Telecom is one of the largest ICT (Information & Communication Technology) solution companies in Japan with a nationwide fiber-optic network. SoftBank Telecom provides a combination of internet service, data service, voice and telephone services, and integration services to support and solve business challenges that business enterprises have.  The company is a 100 percent subsidiary of SoftBank Corp. For more information, visit: www.softbanktelecom.co.jp.

About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), is a leading provider of advanced communications and information technology (IT) solutions to large business and government customers worldwide.  Combining unsurpassed global network reach with advanced technology and professional service capabilities, Verizon Business delivers innovative and seamless business solutions to customers around the world.  For more information, visit www.verizonbusiness.com.