CORPORATE

OVERVIEW
Updated April 24, 2014
Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

ABOUT VERIZON
Using technology to address big challenges
The best, most reliable networks in the
industry
The largest U.S. wireless company with
the largest 4G LTE network
The largest and fastest all-fiber network
in the U.S.
One of the largest, most reliable and
secure global networks

Verizon Innovation Center in San Francisco, CA

2013 revenues of $120.6 billion

#16 on the Fortune 500 (2013)
More than 176,900 employees
worldwide
Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

UNSURPASSED NETWORK LEADERSHIP

Verizon Wireless

Verizon Wireline

2013 revenue of $81.0 billion

2013 revenue of $39.2 billion

103.3 million retail connections

6.2 million FiOS Internet subscribers

549K net retail connections in 1Q14

5.3 million FiOS Video subscribers

4G LTE network covers 97 percent of

the population in 500+ U.S. markets

Global IP network serves 2,700 cities

in 150+ countries

Total retail churn only 1.37%

Operations in 19 states and D.C.

1,900+ company stores and kiosks

Serving 99% of the Fortune 1000

As of March 31, 2014

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

LOWELL MCADAM, CHAIRMAN & CEO

Creating new growth opportunities for our company
We believe that converged services provide
a path to sustainable growth and competitive
advantage for Verizon opening new
markets and taking us where others cant go.
Even more broadly, were committed to using
these innovative solutions to provide
powerful answers to the most challenging
issues facing our planet such as education,
energy and healthcare and to doing
everything we can to mobilize the tech
industry to help.
2013 Verizon Annual Report Chairmans Letter

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

VERIZON WIRELESS
The most advanced wireless technology and services
Largest wireless company in the U.S.,
serving 103.3M retail customers
Largest 4G LTE network in America
First tier-one provider in the world to
build and operate a 4G LTE network
Available in more than 500 U.S.
markets, covering 97 percent of the
population

Unsurpassed customer loyalty,

profitability and cost efficiency

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

RESIDENTIAL SERVICES
Transforming our customers broadband experience
100% fiber-optic connection for
advanced video, Internet and digital
phone services
Verizon FiOS is the fastest, most
reliable broadband network in America
#1 Internet provider in customer
satisfaction, with download speeds up to
500 megabits per second
Named by PCMag.com as the fastest
residential broadband service in U.S.
Highest quality HD entertainment

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

ENTERPRISE SOLUTIONS
Creating connections that advance global business
A global IP leader and network-based
partner for delivering communications
and IT solutions
One of the most connected backbone
networks in the world
Verizon Terremark offers advanced
cloud and security services
Verizon Telematics provides leading
machine-to-machine platform
Expanding the capacity of our global
network to 100 gigabits per second for
future growth in video/data traffic
Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

DEDICATED CORPORATE CITIZEN

Applying innovative technology to social issues
Creating a platform for long-term
growth for our customers,
shareowners and society
Using our talent and technology to
address societys biggest challenges
Focusing on finding new ways our
technology can improve healthcare,
education and energy management
Focusing our philanthropic resources
on becoming a channel for innovation
and social change

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

REDUCING OUR CARBON FOOTPRINT

Addressing long-term energy challenges
Reducing our carbon emissions
through network, fleet and building
efficiency initiatives
Powering facilities and cell sites with
wind, solar and other alternative
energy sources
Working with our suppliers to make
our supply chain more sustainable
Giving customers control over energy
usage with broadband technologies
for connected homes, smart grids, and
vehicle fuel efficiency

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

A GREAT PLACE TO WORK

Providing a rewarding culture and great careers
Training magazine: #1 for best training
program
Diversity MBA magazine: #1 for Best
Places for Diverse Managers & Women
to Work
Working Mother magazine: #9 for Best
Companies for Multicultural Women
National Assoc. of Female Executives:
#10 for Women in Leadership
Latina Style magazine: #7 for best
companies for Latinas to work
G.I.Jobs.com: #3 on Top Military Friendly
Employers
Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

10

CREATING POWERFUL ANSWERS

Finding solutions to the worlds biggest challenges
We believe in the power of technology
to build a better future
The reach and power of our wireless,
broadband and cloud networks
provide an unparalleled platform to
deliver solutions that provide social
benefit and economic growth
Were working closely with inventors,
innovators and entrepreneurs to tackle
some of societys biggest issues and
opportunities

Confidential and proprietary materials for authorized Verizon personnel and outside agencies only. Use, disclosure or distribution of this material is not permitted to any unauthorized persons or third parties except by written agreement.

11