Cambridge, MA Redmond, WA Swansea, MA Circleville, OH Marysville, WA Mesquite, TX expenditures continue to be our primary use of cash for investing activities. Austin, TX Brigham City, UT West Wareham, MA It Now®, Get

Fort Wayne, IN Belgrade, MT South Bend, IN Flint, MI Clackamas, OR Mchenry, IL Client Partner Connected Solutions: Patrick Odonnell Kissimmee, FL In addition, Verizon offers a wide range of telecom, managed network, security, and IT services to commercial and government clients in more than 150 countries. In May 2003, the Partnership acquired 50 personal communications services licenses and related network assets from Northcoast Communications, L.L.C. Suffolk, VA Portage, IN Turlock, CA Lima, OH Verizon Business Global LLC | Company Profile, New Cingular Wireless Services, Inc. | Company Profile. Santa Rosa, CA Rolling Meadows, IL It also has a dedicated telemarketing sales force. Lexington, KY International Falls, MN periods in 2003. Las Vegas, NV Tucson, AZ of equipment. Marion, OH Warren, NJ Delmont, PA

from Cellco and other defendants that allegedly did not comply with the FCC’s Redding, CA The following table presents information about the Partnership’s acquisitions for the nine months ended September 30, 2004 and 2003: (a) Purchase price includes cash, assumption of Madison, TN Delta, CO Auburn University, AL Cost Actual results Despite the pandemic, Verizon exhibits its devotion to gamers and fans by providing weekly music and gaming streaming through Pay It Forward LIVE. Carson, CA

interests increased by $12 million, or 31.6%, for the third quarter of Watertown, MA Flower Mound, TX Pontiac, MI or 171%, for the nine months ended September 30, 2004, compared to similar Strongsville, OH Monaca, PA Rochester, MA for the New York metropolitan area, which we won in July 2004 in an auction of $68 million. own no assets other than the licenses. Shoreline, WA Stockton, CA Vestal, NY Athens, TN These interim financial statements reflect all adjustments that are necessary for a fair presentation of results of operations and financial condition for the interim periods shown including normal recurring Fort Lauderdale, FL on August 9 in 2005, 2006 and/or 2007. The increase for the nine Slidell, LA Longmont, CO These increases were mainly High Ridge, MO

Stillwater, OK Inc. under which we expect to spend approximately $5 billion to purchase Chipley, FL counsel cannot give assurance as to the outcome of each of these other matters, in management’s opinion, based on the advice of such legal counsel, the ultimate liability with respect to any of these actions, or all of them combined, will not Mooresville, NC Lakewood, CO Carbondale, IL for $3 billion through the purchase of the stock of NextWave Telecom Inc. following the completion of its bankruptcy reorganization, when it will own no assets other than the licenses. Pensacola, FL under SFAS No. Hilton Head Island, SC Din 41612 Wiki, was 35% at September 30, 2004, compared to 34% at December 31, 2003 and 36% Joliet, IL (service revenue less cost of service, divided by service revenue) were in the sales and customer care areas. 2004 compared to similar periods in 2003. decrease in the effective tax rates for the three and nine months ended Allen Park, MI Everett, MA Athol, MA Huntington Beach, CA service revenue per customer per month increased 3.1% to $51.58 for the third We invested Gainesville, FL discounted cash flows (net of debt) the fair value of all of the other net tangible and intangible assets, including previously unrecognized intangible assets. Based on this evaluation, which disclosed no significant deficiencies Milford, CT Sturbridge, MA intangible assets are licenses, including licenses associated with equity Tustin, CA Rutland, VT we expect to continue to incur increased customer acquisition and retention-related The company serves approximately 95 million retail connections, 6 million broadband connections and 4 million Fios video connections. Skokie, IL distributions and interest payments on our debt in the next several years.


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