This confidential document is the sole property of Verizon and is not to be used by you other than to evaluate Verizon’s service. It is not to be disseminated, distributed or otherwise conveyed throughout your organization to employees without a need for this information or to any third parties without the express written permission of Verizon.

1

Verizon News Conference: New 20/20 FiOS Internet Service

Speakers:

Susan Retta -- Vice President, Broadband Solutions

Paul Tassinari -- Vice President, Network Engineering

October 23, 20072 p.m. EDT

CONFIDENTIAL 22

New 20/20 FiOS Internet in NY, NJ and CT

New Symmetric 20/20 Consumer New Symmetric 20/20 Consumer ServiceService

Standard Tier Standard Tier 10 Mbps 10 Mbps/ 2 / 2

MbpsMbps

Mid-Tier Mid-Tier 20 Mbps20 Mbps / 5 Mbps / 5 Mbps

Symmetric Mid-Tier Symmetric Mid-Tier 20 Mbps 20 Mbps / 20 / 20

MbpsMbps

High-Speed Tier High-Speed Tier 50 Mbps 50 Mbps / 5 / 5

Mbps Mbps

CONFIDENTIAL 33

44% of U.S. online adults

posted content or shared files

online

44% of U.S. online adults

posted content or shared files

online

500 million photos stored on Flickr, 1

million new images

uploaded per day

500 million photos stored on Flickr, 1

million new images

uploaded per day

100 million teleworkers by

2010

100 million teleworkers by

2010

57% of U.S. online teens

creating content for the

Internet

57% of U.S. online teens

creating content for the

Internet

You Tube reports

65,000 uploads a day

You Tube reports

65,000 uploads a day

Nearly 50% of Sun

Microsystems employees

work anywhere they

want

Nearly 50% of Sun

Microsystems employees

work anywhere they

want

Up to 35 million

Americans telework

Up to 35 million

Americans telework

8 million+ “employed

teleworkers” use home broadband

connections

8 million+ “employed

teleworkers” use home broadband

connections

26 million Americans

telework from home once a month and 22 million once a

week

26 million Americans

telework from home once a month and 22 million once a

week

20072007200620062005200520042004

Consumers

Teleworkers

An Increasingly Interactive Web

CONFIDENTIAL 44

Near-Term Impact

User Generated Content

Telework

Remote Home Monitoring

Telemedicine

InternetInternet

Online Gaming

Time and PlaceShifting

Video Conferencing& Video Chat

Network-BasedBackup &Storage

CONFIDENTIAL 55

Long-Term Effect

New Bandwidth-Intensive New Bandwidth-Intensive Applications, Services, ContentApplications, Services, Content

New Bandwidth-Intensive New Bandwidth-Intensive Applications, Services, ContentApplications, Services, Content

Verizon FTTP Network and High Verizon FTTP Network and High Upstream Speeds Upstream Speeds

Verizon FTTP Network and High Verizon FTTP Network and High Upstream Speeds Upstream Speeds

More upstream bandwidth encourages wider participation in Web 2.0 and further

development of services and applications that leverage Verizon’s high upstream speeds.

Blazing the Pathway to a Richer Internet Blazing the Pathway to a Richer Internet Blazing the Pathway to a Richer Internet Blazing the Pathway to a Richer Internet

CONFIDENTIAL 66

FTTP Network for Homes & Businesses

OLT

Residential

Small Office / Home Office

Office ParksSmall Businesses

ONTONT

Optical Splitter

ONT

ONT

ONT

ONT

ONT

ONT

ONT

ONT

ONT

CircuitSwitch

InternetVideo

Head End

ONTONT

ONTONT

- POTS- Ethernet- Video

- POTS- Ethernet- Video

- POTS-Ethernet-Video

- POTS-Ethernet-Video

IAD

MultiDwelling

Units

Greenfield Developments

ONTONT

ONT

CONFIDENTIAL 77

FTTP FiOS Network

OLT(Optical

LineTerminal)

ONT(Optical Network

Terminal)

Downstream1490 nm

Upstream1310 nm

1490nm/1310nm, 1550nm

Video Data POTS

Voice & Data Voice/Data & Video

OpticalSplitter

EDFA(Erbium DopedFiber Amplifier)

OpticalCouplers(WDM)

Video1550 nm

Central Office Customer Premises

Video

Data

Voice

Specials

DS1

CONFIDENTIAL 88

1310 nm 1490 nmDownstreamUpstream

Voice, Data & VODat 622 Mbps

1550 nm

Broadcast Video

Digital TV (SDTV/HDTV)Analog TV

300 MHz 870 MHz42 MHz

Voice and Data@ 155 Mbps

1310 nm 1490 nm

Voice, Data, IP VOD 2.4Gbps

1550 nm*

Broadcast VideoVoice, Data, IP VOD 1.2Gbps

Bandwidths & Services

Today - BPON

Tomorrow GPON

Upstream Downstream

FTTP FiOS Network

CONFIDENTIAL 99

New FiOS 20/20 Service

Q&A

This confidential document is the sole property of Verizon and is not to be used by you other than to evaluate Verizon’s service. It is not to be disseminated, distributed or otherwise conveyed throughout your organization to employees without a need for this information or to any third parties without the express written permission of Verizon.

10

Verizon News Conference: New 20/20 FiOS Internet Service

Speakers:

Susan Retta -- Vice President, Broadband Solutions

Paul Tassinari -- Vice President, Network Engineering

October 23, 20072 p.m. EDT