Verizon Revamps FiOS Web Site to Better Serve Real Estate Industry

NEW YORK - Verizon Enhanced Communities, which markets and sells Verizon's communications and entertainment services to single- and multiple-home and small commercial properties, has revamped its Web site to focus on FiOS, the company's state-of-the-art all-fiber-optic network and to better serve the real estate industry.

The Web Site, www.verizon.com/communities, was upgraded after Verizon Enhanced Communities recently expanded its services to bring FiOS to small and medium-sized commercial properties such as strip malls, and street-level shops and offices.  The site targets real estate owners and developers, property managers and leasing agents, and small-commercial-property owners.

"The new portal is cleaner, easier to navigate and showcases FiOS in a way that is meaningful for property owners and developers," said Eric Cevis, vice president of Verizon Enhanced Communities. "In real estate it used to be about 'location, location and location'; but in today's competitive environment it's all about 'location, location and connection' because it matters which network you can offer your residents and tenants."

Visitors to the Verizon Enhanced Communities Web site can obtain a variety of information by selecting "Property Owners & Developers,"  "Property Managers & Leasing Agents," or "Business FiOS." A virtual agent highlights the benefits of FiOS and how Verizon's all-fiber-optic network can bring value to a property and help ensure that its infrastructure can support today's applications as well as those to come.

Also available are information on Verizon's FiOS services; videos and testimonials; recent news about Verizon Enhanced Communities events; and seminars for the real estate and commercial real estate community.

Daniel O'Connell, national sales director for Verizon Enhanced Communities, said, "More and more property owners, developers and agents understand that Verizon's fiber network - which provides unprecedented bandwidth and the ability to deliver super-high-speed Internet connections and crystal-clear voice and video signals - is the amenity they need to distinguish their property from another and to attract tenants."

Verizon continues to work with a number of national and regional developers to bring FiOS services into condominiums, apartments and single-family communities.

Before Verizon can bring FiOS to a property, the company needs to gain access rights from the property owner.  For the most part, Verizon absorbs the costs associated with bringing its fiber network to a property.  Where FiOS services are available at a property, Verizon offers property managers and leasing agents incentives when residents sign up for the services.

Since the end of 2005, Verizon Enhanced Communities has aggressively pursued agreements with property owners to bring FiOS to their properties. To date, Verizon Enhanced Communities has entered agreements with developers and contractors for new developments under construction covering 400,000 private households and is offering FiOS to 750,000 apartment units across 16 states where the company is currently building its all-fiber network.

Verizon Enhanced Communities received the Cornerstone Award from Broadband Properties Magazine acknowledging the organization for outfitting a 300-unit, eight-building JPI residential community with Verizon's FiOS all-fiber-optic network services in just 14 days.  For more information about the products and services available through Verizon Enhanced Communities, visit www.verizon.com/communities.

About Verizon
Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers.  Verizon Wireless operates America's most reliable wireless network, serving nearly 69 million customers nationwide.  Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network.  A Dow 30 company, Verizon employs a diverse workforce of more than 228,600 and last year generated consolidated operating revenues of $93.5 billion.  For more information, visit www.verizon.com.