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Press Release

Verizon Communications, Inc.

Release date: July 10, 2008

Verizon Introduces FiOS TV for Business

New Digital Video Service for Small and Mid-Sized Businesses Powered by the Nation's Largest 100 Percent Fiber-Optic Network

Delivers Wide Array of HD/SD Sports and Entertainment Programming and Unsurpassed Picture Quality With Valuable Introductory Rebate Offer

NEW YORK, July 10 /-- Verizon Thursday (July 10) launched FiOS TV for Business, a new subscription-television service designed for small and medium-sized businesses, delivered exclusively by Verizon's advanced all-digital, 100 percent fiber-optic network. The new offering makes the remarkably crystal-clear picture quality and reliability of FiOS TV readily available to all types of small-business venues -- ranging from medical office waiting rooms to banks, building lobbies, restaurants and taverns.

"The introduction of FiOS TV for Business brings an extraordinary TV experience to the commercial viewing space," said Monte Beck, vice president of business marketing for Verizon. "Judging from the positive consumer response we've had to FiOS TV, it can give a competitive advantage to businesses that offer TV viewing to their customer."

Verizon FiOS TV for Business is immediately available in select areas of the 13 states where more than 1.2 million customers already subscribe to the residential version of the service. The states are: California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas and Virginia.

Pricing for FiOS TV for Business begins at $49.99 per month in most areas for small-business customers. Service highlights include:

-- Up to 400 all-digital TV and music channels to choose from.

-- Approximately 30 high-definition channels (varies by market) with extraordinary clarity and theater-quality sound. Verizon has started to add more HD channels, and plans to expand its lineup to offer all available major HD programming by year-end.

-- An industry-leading library of more than 10,000 video-on-demand titles each month, 70 percent of which are free.

-- Channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming.

-- An easy-to-use interactive media guide that integrates HD programming, on-demand content and the digital video recorder along with broadcast television into a seamless user experience.

-- Pay-per-view access to the most anticipated sporting events, concerts, movies and much more.

-- A wide array of programming choices for Hispanic, African-American, Asian, Russian and other multicultural audiences are available in every market.

As part of its introduction of FiOS TV for Business, Verizon is offering an online rebate of $409 to new business customers who sign up for a year of both FiOS TV for Business and ultra high-speed FiOS Internet for Business. Existing FiOS Internet for Business customers are eligible for a $170 online rebate when they order FiOS TV for Business with a one-year agreement.

About FiOS TV
FiOS TV is currently available to more than 6.5 million homes in select areas in 13 states. In the less than three years since the service was launched, the company has signed up more than 1.2 million FiOS TV residential customers who enjoy hundreds of digital video and music channels, high-definition linear and on-demand programming, the nation's largest collection of video-on-demand content, a robust interactive media guide, and other advanced features.

For more information about FiOS TV for Business go to www.verizon.com/bizfiostv or call 1-877-240-8215.

Small and medium-sized businesses recently voted Verizon as the best telecommunications company to meet their business needs according to City Business Journals Networks.

Verizon offers a variety of award-winning products and services that allow businesses to customize the solutions they need to better compete in the marketplace. In addition to TV, broadband Internet access and phone service, solutions include online backup storage, E-mail encryption and communications management tools. Verizon business customers who purchase services totaling at least $125 per month may be eligible to enroll in Verizon Business Link Rewards to earn bonus credits to redeem for gift certificates, travel and merchandise.

For news, resources and more tools for Verizon's business customers, visit The Verizon Small Business Center at http://business.verizon.net/.

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 more than 67 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 employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

CONTACT: Kevin Laverty, MC, +1-425-261-5855, kevin.laverty@verizon.com, or Ellen Yu, +1-908-559-3496, ellen.yu@verizon.com

Web site: http://www.verizon.com/ http://www.verizon.com/bizfiostv http://business.verizon.net/

Company Information:
Name: Verizon Communications, Inc.
Address: 1095 Ave. Of The Americas
City: New York
State: NY
ZIP: 10036
Country: USA
Phone: 212-395-2121
FAX: 212-869-3265
http://www.verizon.com

More New Product News from this company:
Mar 25, 2008 - Managed Security Service helps protect IT infrastructure.
Jan 7, 2008 - Software facilitates electronic bill management.
Sep 24, 2007 - Modular Services modernizes networks in remote locations.
Sep 4, 2007 - Unified Communications Service integrates VoIP capabilities.
Apr 25, 2007 - Services help safeguard critical company information.
Oct 31, 2006 - Service offers round-the-clock IT support .
Jun 20, 2006 - Telecommunications Service targets wholesale market.
Jun 19, 2006 - Service monitors and analyzes communications expenses.
Feb 4, 2005 - Software offers GUI for communications management.

Other News from this company:
Feb 26, 2008 - Verizon Communications Establishes Record and Closing Dates for Spin-Off of Northern New England Spinco
Feb 25, 2008 - Verizon Now Wholesaling High-Capacity Integrated Optical Service that Converges Technologies and Data Types
Jan 24, 2008 - U.S. Conference of Mayors Applauds Verizon for Creating Internet Access Program in the City of Elizabeth
Jan 24, 2008 - Verizon Business Rolls Out High-Definition Video Conferencing to Enhance Global Collaboration
Jan 07, 2008 - Small and Medium-Sized Businesses Can Gain an Edge with Groundbreaking 15 and 20 Megabit Symmetrical FiOS Internet Speeds from Verizon
Dec 24, 2007 - Three More Westchester County, N.Y., Communities Approve Video Franchises for Verizon FiOS TV
Dec 21, 2007 - TV Choice and Competition Near for Thousands More Rhode Island Residents
Dec 18, 2007 - Verizon's Small- and Medium-Sized Business Customers Get a More Robust Web Hosting Product
Nov 28, 2007 - Village of The Branch, N.Y., Approves Video Franchise for Verizon FiOS TV
Nov 06, 2007 - Verizon Introduces Static IP Address for Small- and Medium-Sized Business Customers in Five Midwestern States
Oct 11, 2007 - Verizon Business Opens 'Smart Center' in Frankfurt
Oct 10, 2007 - 'Telephony' Magazine Honors Verizon for Its New Broadband-Powered Payment-Processing Service for Small Businesses
Sep 26, 2007 - Verizon Business Announces Availability of Managed IP PBX Service for the European Market
Sep 19, 2007 - Verizon Introduces Broadband Video Call Center Link for Deaf or Hard-of-Hearing Customers in Mid-Atlantic Region
Sep 18, 2007 - Verizon Business Customers Access Next-Generation Convergence Solutions Through Partnership with China Telecom
Sep 18, 2007 - Verizon Business Expands Global Availability of Online Customer Service Portal
Sep 18, 2007 - Verizon Business Extends Denial of Service Defense Offering to Asia-Pacific Region
Sep 12, 2007 - Great News for New Jerseyans Seeking a Better Alternative to Cable TV: Verizon's Breathtaking FiOS TV is Now Available in 24 Additional Garden State Communities
Aug 29, 2007 - Verizon Business Adds Features and Options for Wholesale VoIP Customers

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