Verizon Wireless To Invest More Than $170 Million In Bay Area During 2001

Verizon Wireless To Invest More Than $170 Million In
Bay Area During 2001

Company's Network Expansion Designed to Stay Ahead of Wireless Growth

June 12, 2001




During 2001, Verizon Wireless will spend more than $170 million to enhance and expand its network to continue to provide superior wireless service in the rapidly growing Greater Bay Area. The expenditure is part of the company's $4 billion investment to improve its extensive, nationwide wireless network this year.

"We've invested heavily in our network over the years to ensure our customers enjoy reliable, high quality wireless service," said Chris Neisinger, executive director of network. "At the end of the day, what matters most to customers is being able to make a wireless call when and where they want to, whether it's an emergency, a business callback or a call for personal convenience."

This year's capital investment continues Verizon Wireless' expansion of geographic coverage in the Greater Bay Area. It will also enable more simultaneous calls on the company's enhanced CDMA (Code Division Multiple Access) digital network, improve signal delivery strength, and provide the capacity needed for future services such as next generation wireless data applications.

About Verizon Wireless

Verizon Wireless is the largest wireless communications provider in the U.S. with more than 27 million wireless voice and data customers. The coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD), including Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless and PrimeCo Personal Communications. Verizon Wireless has a footprint covering more than 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. The company, headquartered in Bedminster, NJ, is 40,000 employees strong. Reporters and editors can find more information about the company on the Web at http://www.verizonwireless.com.