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Laurel, Maryland — As of November 1, 2000, RadioShack stores and participating dealers in the Washington/Baltimore region are now offering Verizon Wireless products and services. Consumers entering RadioShack retail establishments can now activate service on any Verizon Wireless consumer calling plan, including the popular DigitalChoice and national SingleRate plans that provide more freedom while traveling due to Verizon Wireless' digital technology and coast-to-coast coverage area.
"We're thrilled to expand our retail presence by offering RadioShack customers the chance to become Verizon Wireless customers and benefit from the nation's largest wireless provider in the United States and our no roaming, no long distance offerings," said Patrick J. Devlin, Verizon Wireless Regional President, Washington/Baltimore.
The strategic alliance between RadioShack and Verizon Wireless was announced in August of this year. The relationship brings a national, unified approach to wireless offerings for both companies and leverages the strength of both companies. According to Verizon Wireless President and CEO Denny Strigl, "RadioShack benefits by offering their customers affordable wireless service that is backed by an industry leader. The combination means customers get coast-to-coast convenience plus quality cellular service backed by the strength of two great organizations."
Leonard Roberts, Chairman, President and CEO of RadioShack Corporation stated: "The Verizon Wireless alliance offers us cellular products and national services that consumers clearly want today and that will continue to be in demand in the future. This is the right choice for our business. It enhances our current wireless strategy and will enable us to maintain our leadership position in the wireless category."
Initially, Verizon Wireless services will be offered at more than 3,700 RadioShack stores representing most major markets in the country. Prior to this agreement, Verizon Wireless services were offered in only about 40% of the RadioShack chain. Washington, D.C. is one of four new markets, along with Chicago, Boston and Atlanta, where Verizon Wireless cellular services are being offered at RadioShack outlets for the first time.
About RadioShack
RadioShack Corporation is the largest and most trusted consumer electronics retailer in the United States, and offers both on- and off-line shopping convenience. With more than 7,100 stores and dealers, RadioShack sells more wireless telephones, telecommunications products and electronics parts and accessories than any other retailer. It is estimated that 94 percent of Americans live or work within five minutes of a RadioShack store or dealer. For more information, visit the RadioShack web site at www.RadioShack.com.
About Verizon Wireless
Verizon Wireless is the largest wireless communications provider in the U.S. with 26.3 million wireless voice and data customers and 3.5 million paging customers. The new coast-to-coast wireless provider was formed by the combination of the U.S. wireless businesses of Bell Atlantic Corp. and GTE Corp - now Verizon Communications (NYSE:VZ) -- and Vodafone (NYSE and LSE: VOD). The new company includes the assets of Bell Atlantic Mobile, AirTouch Cellular, GTE Wireless, PrimeCo Personal Communications and AirTouch Paging. The company has a footprint covering nearly 90 percent of the U.S. population, 49 of the top 50 and 96 of the top 100 U.S. markets. Verizon Wireless, headquartered in Bedminster, NJ, is 32,000 employees strong. Reporters and editors can find more information about the company in its Media Center on the Web at: http://www.verizonwireless.com/mediacenter/index.shtml
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