Verizon Business Receives Top Honors from Frost & Sullivan for Global Network Services



    New Strategic Products, Balanced Global Portfolio Earn 2006 Frost &
    Sullivan Product Line Strategy Award for Enterprise WAN Services

    BASKING RIDGE, NJ, March 21 /CNW/ - A leading global growth consulting
company has named Verizon Business tops for global network services to
large-business and government customers.
    Verizon Business is the 2006 recipient of Frost & Sullivan's Product Line
Strategy Award for Enterprise wide area networking (WAN) services. Verizon
Business was recognized for its ability to introduce new wide-area networking
products that are strategically positioned to balance its already robust
overall product line.
    The Frost & Sullivan Award for Product Line Strategy is presented each
year to a company that has demonstrated the most insight into customer needs
and product demands.
    "This award further validates our strategy of delivering a global suite
of WAN services with a consistent look and feel," said Nancy Gofus, senior
vice president and chief marketing officer, Verizon Business. "Our product set
underpins the next-generation services our customers require to do business
better around the world. As a global networking and IT leader, we will
continue to invest in and lay the right foundation for large businesses and
government agencies to communicate and operate reliably and seamlessly around
the globe."
    Rolling out new and enhanced service offerings continues to be a key
priority for Verizon Business. In a separate announcement Wednesday (March
21), the company unveiled global enhancements to its fast-growing Private IP
service that include extended in-country reach, improved service level
agreements, a sixth class of service and enhanced reporting features.
    Frost & Sullivan specifically highlighted Verizon Business' November 2006
expansion of its Ethernet Virtual Private Line (EVPL) International service
from the United States to six countries and territories in the Asia-Pacific
region as a key enhancement to the company's existing Enterprise WAN
portfolio. That expansion enables U.S. and multinational companies with
locations in Australia, Hong Kong, Japan, Korea, Singapore and Taiwan to have
access to Verizon Business EVPL International as a standard service and also
may enable such companies to connect within their respective regions, Frost &
Sullivan noted.
    "Since its purchase of MCI, Verizon has been aggressively expanding its
reach and service portfolio on a global basis," said Maria Zeppetella,
research analyst with Frost & Sullivan. "The expansion of Verizon Business'
EVPL International service enhances its already strong Ethernet portfolio."
    In addition to the EVPL expansion, Frost & Sullivan also noted Verizon
Business' plans to introduce Ethernet Virtual Private LAN Service in the
United States -- which was announced March 12 -- and the company's plans to
expand that service to other countries in 2008 as support for its winning
product-line strategy to increase the variety and depth of services available
to multinational corporations. Frost & Sullivan also noted that Verizon
Business plans to extend its reach via additional fiber deployment and
extending transmission service to more buildings where fiber has already been
deployed, and is open to exploring WiMax as another access option.
    Frost & Sullivan noted that Verizon Business' recent product rollouts are
strategically positioned to balance the company's Global Enterprise WAN
solutions product line. That portfolio currently includes: Ethernet Private
Line, Ethernet Virtual Private Line, Ethernet Access for Private IP and the
Internet, and Ethernet Virtual Private LAN Service; Private IP and IP VPN
Dedicated; Frame Relay; ATM; and Global Private Line Service.
    The total Global Enterprise WAN Services market is expected to grow at a
compound annual rate of 10.8 percent through 2013, with market revenues
expected to reach $40.6 billion by 2013, the report said.
    According to Frost & Sullivan, market drivers in the enterprise WAN
services market are dominated by globalization and the expansion of
multinational corporations, which require communications that are immediate
and real-time. This includes both enterprises that are just starting to expand
to other regions as well as already established multinationals that are
continuing to expand into additional regions. In both cases, the report noted,
global WAN connectivity is key for communications between headquarters and
branch offices, as well as manufacturing facilities.
    Steady migration from legacy services to newer technologies will continue
as enterprises seek more bandwidth, convergence, better management and
increasing value-added services for their enterprise WAN expenditures, the
report said.

    About The Frost & Sullivan Product Line Strategy Award

    The Frost & Sullivan Award for Product Line Strategy is presented each
year to a company that has demonstrated the most insight into customer needs
and product demands. The recipient company should have optimized its product
line by leveraging products with the various price, performance, and feature
points required by the market.

    About Frost & Sullivan

    Frost & Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more than
40 years. The company's industry expertise integrates growth consulting,
growth partnership services and corporate management training to identify and
develop opportunities. Frost & Sullivan serves and extensive clientele that
includes Global 1000 companies, emerging companies and the investment
community by providing comprehensive industry coverage that reflects the
unique global perspective and combines ongoing analysis of markets,
technologies, econometrics and demographics. For more information, visit
www.awards.frost.com.

    About Verizon Business

    Verizon Business, a unit of Verizon Communications (NYSE:   VZ), is a
leading provider of advanced communications and information technology (IT)
solutions to large business and government customers worldwide. Combining
unsurpassed global network reach with advanced technology and professional
service capabilities, Verizon Business delivers innovative and seamless
business solutions to customers around the world. For more information, visit
www.verizonbusiness.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.





For further information:

For further information: Peter Lucht of Verizon Business,
+1-617-743-2224, or peter.lucht@verizon.com, Web Site: http://www.verizon.com,
http://www.awards.frost.com, http://www.verizon.com/news

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