Verizon Avenue Named Broadband Provider Of the Year by Broadband Properties For 2nd Year in a Row

DENVER - For the second consecutive year, Verizon Avenue is the winner of Broadband Properties' Cornerstone Award for Broadband Provider of the Year. The award is given in recognition of excellence in providing broadband service to multifamily communities.

"We were impressed with Verizon Avenue's willingness to go the extra mile in partnering with multifamily property owners and managers to provide exceptional customer service," said Joel Schofield, executive editor, Broadband Properties Magazine. "These challenging times require creative solutions to meet residents' needs for superior service at competitive prices. Verizon Avenue came through for the industry again with creative solutions."

Cornerstone Award winners are based on nominations made in four categories and judged by a committee of industry leaders, analysts and writers for service performed in the past 12 months. The award winners were announced yesterday at Broadband Properties' Annual Summit in Denver.

By offering excellent customer service and value-added broadband amenities, we can help property owners, managers and real estate investment trusts increase the value of their multifamily communities," said William F. Wallace, chief executive officer, Verizon Avenue. "Our team deserves a lot of credit for their continued commitment to quality service and creative solutions."

Verizon Avenue sells its popular bundles two ways -- on an individual basis to multi-family community residents or to property owners who can buy the service in bulk as an amenity and offer it to all residents.

Verizon Avenue's New Bulk High-Speed Internet Offer

This month, Verizon Avenue begins offering a bulk plan that includes:

• High-speed Internet access up to a maximum connection speed of 1.5 Mbps (megabits per second)

• Lower rates for three-and-five-year bundled telecommunications contracts

• Up to six free wi-fi (wireless fidelity) hot spots in multifamily common community areas

• Six e-mail addresses and 10 MB (megabytes) of storage

Verizon Avenue is a wholly owned subsidiary of Verizon Communications Inc., based in Herndon, Va., that bundles local and long-distance service together with high-speed Internet access for residents of multifamily communities. Verizon Avenue offers service to high-rise properties, apartment complexes and condominium communities in most of the major metropolitan markets including Boston, Chicago, Los Angeles and New York. For more information about Verizon Avenue, visit www.verizon.com/avenue.

A Fortune 10 company, Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services, with approximately $67 billion in revenues and 221,000 employees. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 137.6 million access line equivalents and 34.6 million Verizon Wireless customers. Verizon is the third largest long-distance carrier for U.S. consumers, with 14.6 million long-distance lines. The company is also the largest directory publisher in the world, as measured by directory titles and circulation. Verizon's international presence includes wireline and wireless communications operations and investments, primarily in the Americas and Europe. For more information on Verizon, visit www.verizon.com.

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