Verizon Wireless Reiterates Position On Fair And Open Spectrum Auctions

BASKING RIDGE, NJ — Verizon Wireless today released the following statement on the upcoming 700 MHz spectrum auction:

"We remain guided in our principled belief that open and fair auctions serve everybody best: consumers, innovators, U.S. taxpayers. To rig the 700 MHz auction in any way — to limit its value and potential to deliver exciting new products and services — would be a huge disservice to the nation. Corporate welfare for Google is bad public policy."

About Verizon WirelessVerizon Wireless operates the nation's most reliable wireless voice and data network, serving 62.1 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 67,000 employees nationwide. The company 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.  

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