Local Phone Rates Drop for Verizon's Residential Customers in Vermont

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SOUTH BURLINGTON, Vt. -- Verizon has lowered local phone rates paid by most Verizon Vermont residential customers by 40 cents per month. Some customers will save more.

The new rates, the result of a five-year regulatory plan adopted in May 2000, will appear in customers' February bills.

"This is good news for our customers in Vermont," said Louise McCarren, president of Verizon Vermont. "We are lowering prices for our residential customers while we continue to provide exceptional service quality."

For customers who have Verizon's Low Use Measured Service plan, the monthly "dial-tone" rate has dropped 40 cents to $13.15. In addition, customers will continue to pay the same per-minute rates for local calls. This is the best option for customers who make very few local calls.

Customers who have the Standard Use Measured Service plan will see additional savings. This plan, which previously ranged from $18.60 to $20.65 per month around the state, is now $18.35 monthly everywhere in Vermont. The package includes $8 worth of local calls. This is the best option for most customers who frequently make local calls.

Rates remain unchanged for the Local Package plan, an option for customers who make a significant number of local calls. For $39.95 per month, the Local Package includes the monthly dial-tone fee, unlimited local calling, unlimited local directory assistance, plus three value-added services such as Caller ID, Call Forwarding and Call Waiting.

Other local package options are available. For more information, customers can contact their local Verizon business office.

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 132.1 million access line equivalents and 29.4 million wireless customers. Verizon is also the largest directory publisher in the world. A Fortune 10 company with more than $67 billion in annual revenues and approximately 247,000 employees, 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.

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