News Release

Verizon Communications Vice Chairman Larry Babbio To Present at Salomon Smith Barney's Conference on Jan. 7

January 5, 2003

Nancy Stark
nancy.stark@verizonwireless.com
908-306-6762

Bob Varettoni
Verizon Communications
robert.a.varettoni@verizon.com
212-395-7726

NEW YORK, NY — Verizon Communications Inc. Vice Chairman and President Larry Babbio will speak at Salomon Smith Barney's 13th Annual Global Entertainment, Media & Telecommunications Conference in La Quinta, Calif., on Jan. 7 at 2:15 p.m. Eastern time. A Webcast of the presentation, presentation materials and access instructions will be available at Verizon's Investor Relations Website on the day of the conference at www.verizon.com/invest.

Verizon Communications (NYSE:VZ) is one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 135.0 million access line equivalents and 31.5 million Verizon Wireless customers. Verizon is also the largest directory publisher in the world. With more than $67 billion in annual revenues and more than 236,000 employees, Verizon's global presence extends to more than 35 countries in the Americas, Europe, Asia and the Pacific. For more information on Verizon, visit www.verizon.com.

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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 31.5 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 www.verizonwireless.com.

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