Verizon extending network to deliver advanced services to large business, government customers

November 4, 2002--Verizon announced a new initiative, Enterprise Advance, to interconnect its powerful local networks and provide large business and government customers with advanced communications services that go well beyond the company's existing offerings.

Verizon announced a new initiative, Enterprise Advance, to interconnect its powerful local networks and provide large business and government customers with advanced communications services that go well beyond the company's existing offerings.

Building on the company's local service to enterprise customers, Verizon will offer large companies, governments and others data services that stretch beyond their local territories to affiliates or subsidiaries in other regions around the U.S. Enterprise Advance services include network management and data storage, business recovery, security, remote access, voice and data networking.

The company will offer its new services to the enterprise market comprised of Fortune 1000 corporations, governments, and finance, education and healthcare entities.

Verizon's new capabilities will enable existing customers to consolidate far more of their telecommunications services with Verizon. Furthermore, customers have reacted enthusiastically in the past as Verizon swiftly moved into other new businesses and similar success is anticipated with this initiative. Today, Verizon serves nearly 10 million long-distance customers and is the nation's fourth largest long-distance company. With a string of recent long-distance regulatory approvals and only three more to go, Verizon can offer enterprise customers the nationwide, regional or intercity networks and services they require. Verizon expects to receive long-distance approval for the rest of its service area by the end of the first quarter of 2003.

Verizon's Enterprise Advance initiative will create a network with the national reach to deliver the emerging technologies that drive ultimate customer value -- increased productivity, lower costs and improved availability, reliability and security of information.

The new enterprise services arsenal will include transparent LAN/gigabit, fast packet and IP (Internet protocol) services, optical networking and voice switching enhancements. Enterprise Advance will be based on an optical and IP backbone offering customers "any-to-any" transmission, a network that is indifferent to the protocols used in systems at either end of a transmission, allowing firms to communicate seamlessly across the Verizon network.

Business and government customers in the Northeast's I-95 corridor, reaching from Boston to Virginia, will be the first focus for Enterprise Advance. The company will then build out its IP backbone to further connect its national service territory in locations like Dallas, Los Angeles, Seattle and Tampa. This element of Enterprise Advance will give Verizon the ability to deliver enterprise services in 56 key U.S.

For more information about Verizon (New York City), visit the company's website at www.verizon.com.

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