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Verizon 2005 Interactive Annual Report

Around the block or around the globe, the power and intelligence of Verizon’s high-tech networks give customers more choice of communications services, both now and in the future. Our networks touch more customers in a day than many companies do in an entire year. We will begin 2006 serving more than 51 million wireless customers, nearly 30 million wireline households, 134,000 large business customers, and thousands of schools, libraries, universities and government offices all over the United States and the world.

Verizon is the industry leader in wireless, broadband and global communications networks because we continue to invest in the advanced infrastructure necessary to deliver superior products and services to customers with a growing appetite for innovation.

Innovative products and great customer service helped Verizon Wireless add a record 7.5 million new subscribers last year, with the highest customer loyalty in the industry. Our subscribers enjoy the most reliable wireless network in the country, as well as the most widely available wireless broadband network in the country.

In the residential market, Verizon is giving customers a better choice for broadband and video services. Our new state-of-the-art fiber network, which takes fiber-optic technology all the way to customers’ homes and businesses, is the most advanced broadband network being deployed in America today. Our fiber network provides customers with blazing fast Internet connections and over 400 channels of 100 percent digital video.

In addition, our merger with MCI earlier this year has made Verizon a leading global provider of advanced communications solutions to the business and government marketplace. We own and operate one of the most expansive end-to-end global Internet Protocol (IP) networks. This infrastructure includes over 270,000 domestic and 360,000 international route miles of fiber-optic cable, provides next-generation IP network services to medium and large businesses and government customers, and offers access to over 140 countries.

Our investments in fiber, wireless broadband and global IP networks have made us a strong competitor in the converged communications marketplace. But what really sets us apart is our ability to integrate these network strengths to improve efficiencies and provide better value to our customers.

As technology and competition continue to evolve, our customers will find new and exciting ways to connect with each other. To satisfy the needs of a constantly changing marketplace, we’re focused on delivering the best customer experience possible. Our quality networks, innovative products, reliable service and great value will continue to make Verizon the first choice in communications.

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* This is an interactive electronic version of Verizon’s 2005 Annual Report to Shareholders, and it is intended to be complete and accurate. The contents of this version are qualified in their entirety by reference to the printed version. A reproduction of the printed version is available in PDF format on this website.