News Release

Verizon Wireless Makes [FREEUP] The Obvious Choice In Prepay

New Simplified Pricing for [FREEUP] Helps Keep Budgets in Check

July 31, 2002

Brenda Raney
brenda.raney@verizonwireless.com
908-306-4834

BEDMINSTER, NJ — Verizon Wireless' [FREEUP] prepay wireless service is clearly the better way to prepay with its new simplified pricing, extended expiration dates on prepay cards, the advantage of using Mobile to Mobile minutes and with Verizon Wireless' nationwide network, [FREEUP] customers can affordably call from virtually anywhere. Given its appeal to young adults, [FREEUP] also reinforces the important money management values parents hope to instill in their teens while helping young people make responsible choices about their wireless usage.


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Today's teen is the latest and fastest-growing segment of the wireless marketplace. [FREEUP] bundles award winning voice service on the nationwide [FREEUP] network, two-way text messaging, Caller ID, international calling and voicemail, with no monthly bills, long-term contracts, credit checks or additional fees for domestic long distance or roaming from anywhere on the [FREEUP] network.

Starting August 1, 2002, customers who sign up for [FREEUP] receive new simplified pricing of $.30 per minute for weekday minutes and $.15 per minute nights and weekends. In addition, new [FREEUP] customers will have the benefit of [Mobile2Mobile] pricing to talk to any of the 30 million Verizon Wireless customers at $.15 a minute anytime. These new rates do not vary by replenishment value.

With longer expiration times that can extend up to 120 days on higher value replenishment cards [FREEUP] customers can make their money last longer and go further. Customers who sign-up for service starting August 1, 2002, are also eligible for a $30 mail-in rebate or a $50 [REUP] card with the purchase of a Kyocera 2135 digital phone. Pair up with a friend or family member and purchase two Kyocera 2135 phones, to receive a $50 mail-in rebate or a $75 [REUP] card per phone. A $15 [SETUP] card is included with purchase. For more information on Verizon Wireless' [FREEUP] services and handset options, visit http://www.verizonwireless.com.

About Verizon Wireless

Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 30.3 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com.

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