CINCINATTI, OH — Continuing to build on its strategy to provide business and individual customers superior voice and data networks in the United States, Verizon Wireless announced today the launch of BroadbandAccess in the Cincinnati metropolitan area. Powered by an Evolution-Data Optimized (EV-DO) third generation (3G) wide-area network, BroadbandAccess commercial service is the fastest wide-area wireless Internet access service available in the nation, with typical user download speeds of 300-500 kilobits per second (kbps). In addition to the Cincinnati market, the company announced BroadbandAccess is also available in Dayton, Columbus, Pittsburgh, Chicago, Boston, Providence, Hartford, New Haven, Houston, Orlando and Jacksonville today. Last year, Verizon Wireless announced BroadbandAccess was available in 17 major metropolitan markets-including Atlanta; Austin, TX; Baltimore; Dallas/Ft. Worth; Kansas City, KS/MO; Las Vegas; Los Angeles; Miami/Fort Lauderdale, FL; Milwaukee; New Orleans; New York; Philadelphia; San Diego; Tampa, FL; Washington, D.C. and West Palm Beach, FL-and 26 major airports across the country.
BroadbandAccess provides mobile workers full access to their corporate information, just as if they were attached via a high-speed wired connection, but with the freedom of true mobility. Developed with a range of users in mind, BroadbandAccess allows large enterprises, small to medium-sized businesses and mobile professionals to conduct business anytime, anywhere in the BroadbandAccess coverage area via a secure, true high-speed data connection. In addition to its ongoing annual capital investment program to build network capacity and coverage, Verizon Wireless expects to invest $1 billion through 2005 to deploy its EV-DO technology nationally. For the past four years, Verizon Wireless has committed $4 billion annually to its capital investment program.
"In BroadbandAccess cities, wireless consumers are no longer restrained by the limitations of technologies that anchor them to wireless 'hot spots' inside hotel lobbies and coffee shops to get high Internet access speeds," said Roger Tang, presidentOhio/Pennsylvania Region, Verizon Wireless. "That's because BroadbandAccess is about miles of coverage, not square feet."
Because BroadbandAccess is backward compatible-a distinct advantage of using CDMA technology-customers who travel outside a BroadbandAccess coverage area with an EV-DO device will seamlessly switch to Verizon Wireless' existing NationalAccess network, based on 1xRTT technology.
Working with virtual private network (VPN) connections, business customers can use BroadbandAccess as an extension of their corporate local area network (LAN) or intranet, allowing them to work from any location within the BroadbandAccess coverage area, as if they were in the office. BroadbandAccess, with typical user download speeds of 300-500 kilobits per second (kbps), is ideal for downloading files and business-critical information residing behind corporate firewalls and for accessing email, intranets and the Internet. BroadbandAccess's CDMA EV-DO technology has its own data protection and authentication and is designed to work with a business's existing IT infrastructure and security solutions.
Business customers can access information when they are on the road -at customer locations, at job sites, in taxis, or on trains-faster than with any competing commercially available wide-area technology. With data transmission bursts to 2 Megabits per second (Mbps), BroadbandAccess customers could download a 1 Megabyte email attachment (for example, a small PowerPoint presentation or a large PDF file), or receive three digital pictures (each 400 x 600 pixels) in less than 20 seconds, which is three to four times faster than using EDGE service, and as much as ten times faster than on a competitor's GPRS network.
BroadbandAccess customers can manage their remote access needs with VZAccess Manager, a new customizable tool included with the PC 5220 card that simplifies wireless remote access enabling users to stay connected to business-critical email, company databases, files and the Internet while mobile.
BroadbandAccess service is priced at $79.99 monthly access for unlimited use with a one- or two-year customer agreement. Through January 31, 2005, Verizon Wireless customers with unlimited use data plans can buy the BroadbandAccess PC 5220 card for $49.99 with a two-year customer agreement or $99.99 with a one-year customer agreement after $150 rebate.
For more information on BroadbandAccess and Verizon Wireless data services, please visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com. Business customers can contact a Verizon Wireless Business Sales Representative directly at 1-800-VZW-4-BIZ.
(EDITORS: Broadcast-quality B-roll footage about BroadbandAccess is available online. Log on to www.verizonwireless.com/multimedia to preview and request video segments, which can be received in newsrooms digitally, by tape or via satellite.)
As of Friday, January 7, 2005, Verizon Wireless' BroadbandAccess will be available in the following major metropolitan areas:
- Austin, TX
- Dallas/Ft. Worth
- Kansas City, KS/MO
- Las Vegas
- Los Angeles
- Madison, WI
- Miami/Fort Lauderdale, FL
- New Haven
- New Orleans
- New York
- San Diego
- Tampa, FL
- Washington, D.C.
- West Palm Beach, FL
Verizon Wireless' BroadbandAccess is also available in the following airports:
- Hartsfield-Jackson Atlanta International Airport (Atlanta)
- Austin-Bergstrom International Airport (Austin, TX)
- Baltimore-Washington International Airport (Baltimore)
- Dallas/Fort Worth International Airport (Dallas/Fort Worth)
- Love Field Airport (Dallas)
- George Bush Intercontinental Airport (Houston)
- William P. Hobby Airport (Houston)
- Jacksonville International Airport (Jacksonville, FL)
- Kansas City International Airport (Kansas City, MO)
- McCarran International Airport (Las Vegas)
- Los Angeles International Airport (Los Angeles)
- Dane County Regional Airport (Madison, WI)
- Miami International Airport (Miami)
- General Mitchell International Airport (Milwaukee)
- Louis Armstrong International Airport (New Orleans)
- Newark Liberty International Airport (Newark, NJ)
- Orlando International Airport (Orlando, FL)
- Philadelphia International Airport (Philadelphia)
- Sky Harbor International Airport (Phoenix)
- Pittsburgh International Airport (Pittsburgh)
- San Diego International Airport (San Diego)
- John Wayne-Orange County Airport (Santa Ana, CA)
- Tampa International Airport (Tampa, FL)
- Ronald Reagan Washington National Airport (Washington D.C.)
- Washington Dulles International Airport (Washington D.C.)
- Palm Beach International Airport (West Palm Beach, FL)
About Verizon WirelessVerizon Wireless owns and operates the nation's most reliable wireless network, serving 42.1 million voice and data customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
NOTE: This press release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The following important factors could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in economic conditions in the markets served by us, an adverse change in the ratings afforded our debt securities or those of Verizon Communications by nationally accredited ratings organizations, the effects of the substantial competition that exists in our markets, which has been intensifying, and which may intensify further as a result of local number portability regulations that allow wireless customers to retain their phone numbers when switching wireless service providers, our ability to obtain sufficient financing to satisfy our substantial capital requirements, including to fund capital expenditures, debt repayment and distributions to our owners, our ability to obtain sufficient spectrum licenses, particularly in our most densely populated areas, our ability to develop future business opportunities, including wireless data services, and to continue to adapt to the changing conditions in the wireless industry, our ability to receive satisfactory service from our key vendors and suppliers, our ability to generate additional subscribers, with acceptable levels of churn, from resellers and distributors of our service, material changes in available technology, and technology substitution that could impact the popularity and usage of our technology, our continued provision of satisfactory service to our subscribers at an acceptable cost, in order to reduce churn, the impact of continued unionization efforts with respect to our employees, regulatory developments, including new regulations that could increase our cost of doing business or reduce demand for our services, developments in connection with existing or future litigation, and changes in our accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings.####