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All About Verizon FiOS - Fact Sheet

Verizon is the only major U.S. telecom company building an advanced, all-digital fiber-optic network, on a mass scale, all the way to customers' homes

California
Connecticut
Delaware
Florida
Indiana
Maryland
Massachusetts
New Jersey

New York
Oregon
Pennsylvania
Rhode Island
South Carolina
Texas
Virginia
Washington

Where is Verizon Deploying its Fiber Network?

At the end of December 2007, Verizon had passed about 9.3 million homes and businesses in parts of 17 states. With the sale of Verizon assets in New Hampshire March 31 to Fair Point Communications, fiber-to-the-home construction continues in 16 states.

Verizon expects to continue passing some 3 million premises annually through 2010, when the company expects to have passed about 18 million homes, or over half the homes it serves.

Verizon has leveraged the versatility and capacity of the fiber network by introducing in 2007 industry-leading synchronous downstream and upstream data rates of up to 20 Megabits per second (Mbps), helping customers engage innovative broadband and video online activities and transfer large files more quickly and efficiently.

Verizon is investing nearly $23 billion in the FiOS project, between 2004 and 2010. Over the same period, the company expects to save $5 billion because of the avoided maintenance costs and other savings associated with the new fiber plant.

What Broadband Products is Verizon Delivering on its All-Fiber Network?

At the end of December 2007, Verizon was marketing its industry-leading, high-speed FiOS Internet service - with downstream speeds of up to 50 Mbps and upstream speeds of up to 20 Mbps - in over 2,000 communities in all 17 states where the company is building its fiber-to-the-premises (FTTP) network. As of March 31, with the sale of New Hampshire assets to Fair Point Communications, FiOS Internet continues to sell well in 16 states.

As of December 31, 2007, Verizon had more than 1.5 million FiOS Internet customers, an increase of 245,000 during the fourth quarter of 2007 - or about 3,900 new FiOS Internet customers every business day at an average penetration rate of 21 percent.

Verizon expects to attract 6 to 7 million FiOS Internet customers by year-end 2010 - a penetration rate of 35 percent to 40 percent.

For more information on products and pricing, go to: http://www.verizon.com/fiberoptics.

What Video Products is Verizon Delivering on its All-Fiber Network?

At the end of December 2007, Verizon's all-digital FiOS TV service was available to about 5.9 million premises in 13 of the states where the company is building FTTP: California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas and Virginia.

As of December 31, 2007, Verizon had 943,000 FiOS TV customers and in January 2008 signed up its one-millionth FiOS TV customer, just 28 months after launching the service, making Verizon the 10th largest subscription television provider in the country, just 300,000 customers behind number 9, Mediacomm Communications. During just the fourth quarter of 2007, Verizon added a net of 226,000 new FiOS TV customers -- or about 3,600 new customers every business day. Better than 1 of every 6 customers who can buy FiOS TV is purchasing it,, with penetration much higher in some areas.

Verizon's FiOS TV delivers hundreds of digital video and music channels, high-definition programming, video-on-demand content, a robust interactive media guide and other advanced features. Verizon will deliver more than 150 channels in High Definition by year-end.

Verizon expects to attract from 3 million to 4 million FiOS TV customers by 2010, which would be a market penetration of 20 percent to 25 percent.

As of December 2007, Verizon had 1,013 local video franchises covering about 12.5 million households. Verizon continues to add new town and city franchises each week.

For more information on FiOS TV products and pricing, go to: http://www.verizonfios.com/tv

Media Contacts

FiOS Network & Technology
Jim Smith
908-559-3477
james.albert.smith@verizon.com

FiOS Internet
Bobbi L. Henson
972-718-2225
bobbi.henson@verizon.com

FiOS TV
Sharon Cohen-Hagar
908-559-3470
sharon.cohen-hagar@verizon.com

You can also contact our regional media relations staff. For more information, visit: http://newscenter.verizon.com/media-contacts/