The growth of the Internet has created a digital world of movies, photos, music and other data that can now be carried over broadband networks and delivered to a wide variety of electronic devices. Verizon is at the center of this converging marketplace. As a result of Verizon’s investment in advanced broadband networks, we can capture this digital content, make it all work together and then deliver it to whatever device the customer wants.

Verizon has created the best all-around value in broadband today. We offer a speed for every need, a price for every budget, along with unsurpassed content and applications for today’s digital household. We put customers first with excellent service and a continuously growing portfolio of broadband services delivered over reliable, advanced networks.

Verizon offers a choice of high-speed DSL Internet service plans, and Verizon Online DSL customers also have a choice of Web portals featuring a wide array of content, such as online security, entertainment and multiple mail accounts.

In 2004, Verizon began rolling out our groundbreaking fiber network, featuring an advanced technology that uses fiber-optics instead of copper wire as the direct connection to homes and businesses. By the end of 2005, Verizon’s fiber network passed 3 million homes and was deployed in close to 800 communities in more than half the states that we serve. We plan to pass an additional 3 million homes by the end of 2006, covering around 20 percent of our residential customer base.

Verizon FiOS is the new suite of broadband services offered over this network. It gives customers a broad array of voice and data applications and delivers Internet access at blazing fast speeds of up to 30 megabits per second, with even greater speeds possible in the future.

But FiOS is more than just a super-fast Internet connection. We’ve harnessed the speed and capacity of broadband with the power of broadcast to create a revolutionary new entertainment experience. FiOS TV offers a simple, compelling and affordable package, and is designed to be a superior alternative to cable and satellite TV. We offer over 400 all-digital channels, more than 20 high-definition channels and 2,000 video-on-demand titles. Delivered over our high-speed fiber network, FiOS TV displays amazingly sharp pictures that seem to leap from the TV screen.

FiOS Internet and FiOS TV are redefining and enriching the broadband experience for customers. Our fiber network provides unprecedented power to today’s multi-tasking household and is changing the way America communicates. And for Verizon, it will be a platform for long-term growth as we transform our business around the expanding opportunities in broadband and multimedia.