FCC Ruling Boosts Verizon's Ability to Compete for Large Business Customers

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WASHINGTON - Large businesses and long-distance carriers in 46 markets will reap
the benefits of competition in telecommunications services as a result of a ruling issued today by
the Federal Communication Commission (FCC).

The ruling grants Verizon Communications the ability to charge market-driven prices for
some special services it offers to these customers, giving the company the same flexibility that its
competitors already have. The ruling affects dedicated point-to-point services purchased by
large business customers and long-distance carriers for telecommunications services between
states. For example, these services include dedicated high-speed lines these customers use to
connect to multiple locations across the country.

"Competition in the special services market is fierce with dozens of companies in the
hunt," said Tom Tauke, vice president for public policy and external affairs for Verizon. "This
ruling acknowledges that intense competition and gives us the ability to set prices based on
market demand rather than regulatory fiat."

Previously, Verizon's prices for these services were controlled by price regulations. The
ruling affects the company's offerings in such metropolitan areas as New York, Washington,
Philadelphia, Tampa, Dallas-Fort Worth and Los Angeles.

"This is good news for us and our large business customers," said Eduardo Menasce,
president of Verizon Enterprise Solutions Group. "Today's FCC ruling levels the competitive
playing field for these special access services by giving us the flexibility to offer more
competitive prices while providing highly customized solutions for our largest customers."
The ruling applies to 43 metropolitan statistical areas (MSA) and three states. Complete
pricing flexibility was granted in 10 of the MSAs and Delaware. Partial pricing flexibility was
granted in the remaining MSAs, Maryland and Vermont. A complete list of the markets appears at the end of this release.

###

Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications
services. Verizon companies are the largest providers of wireline and wireless communications in the
United States, with nearly 109 million access line equivalents and more than 27.5 million wireless
customers. Verizon is also the world's largest provider of print and online directory information. A
Fortune 10 company with approximately 260,000 employees and more than $63 billion in annual
revenues, Verizon's global presence extends to more than 40 countries in the Americas, Europe, Asia and
the Pacific. For more information on Verizon, visit www.verizon.com.

Metropolitan Statistical Areas and States Affected by the FCC Ruling
MSAMSA NameMSAMSA Name
1New York NY105Lancaster PA
2Los Angeles-Long Beach CA110Huntington-Ashland WV
4Philadelphia PA-NJ115Utica-Rome NY
6Boston MA-NH118Reading PA*
8Washington DC-MD-VA122Binghamton NY
9Dallas-Fort Worth TX133Manchester NH
13Pittsburgh PA134Atlantic City-Cape May NJ
14Baltimore MD140Charleston WV*
22Tampa-St. Petersburg FL152Portland ME
25Buffalo-Niagara Falls NY156Portsmouth-Rochester NH-ME
38Providence-Warwick RI157Roanoke VA*
43Norfolk-Virginia Beach-Portsmouth VA*167Sarasota FL
44Albany-Schenectady-Troy NY200Parkersburg-Marietta WV-OH*
53Syracuse NY203Lynchburg VA
56Scranton--Wilkes-Barre--Hazleton PA225Altoona PA
58Allentown-Bethlehem-Easton PA228Vineland-Millville-Bridgeton NJ*
59Richmond VA*248Burlington VT
62New Brunswick-Perth Amboy-Sayerville NJ251Williamsport PA*
63Springfield MA257Hagerstown MD*
69Wilmington-Newark DE-MD*259State College PA
84Harrisburg-Lebanon-Carlisle PA284Elmira NY
104Newport News-Hampton VAState of Delaware*
State of Maryland
State of Vermont
* Complete pricing relief granted

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