DENVER, CO — Continuing to build on its strategy to provide its customers superior wireless services, Verizon Wireless today announced the rollout of two award-winning services in greater Denver one developed for the consumer market, the other primarily for business customers. V CAST, the nation's first 3G wireless broadband multimedia service for consumers, and BroadbandAccess, the fastest wide-area wireless Internet access service available in the nation, are both available today not only in greater Denver, but also from Ft. Collins to the north, to Parker and Highlands Ranch to the south, and from Denver west to Boulder and at Denver International Airport. Both services run on the company's high-speed EV-DO (Evolution Data-Optimized) wireless broadband network -- the nation's largest and fastest.
"The launch of our high-speed wireless broadband network in the greater Denver area provides Verizon Wireless customers with state-of-the-art mobile wireless technology," said Jeff Mango, regional president for Verizon Wireless. "With V CAST, consumers can access the latest in multimedia programming to stay connected, informed and entertained via their wireless phones, and BroadbandAccess provides mobile workers full access to their corporate information, just as if they were attached via a high-speed wired connection, but with the freedom of true mobility."
Verizon Wireless' V CAST service enables consumers to access short video content on-demand, viewing current news, weather, sports and entertainment programming. With V CAST, customers can also download and play cutting-edge 3D games, watch music videos and concert performances from favorite artists, view short video programs (mobisodes) specifically designed for mobile phones and other video content right on their phones. For a list of all videos and 3D game entertainment available on V CAST, visit www.getvcast.com.
For $15.00 monthly access added to their Verizon Wireless calling plan, customers in the greater Denver area receive the V CAST VPak which includes unlimited access to a wide array of more than 300 daily updated video clips from leading news, sports, weather and entertainment content providers. Unlimited basic short content is included. There are no airtime charges to download, stream or watch V CAST content. Customers can also download, stream or watch premium short video content, available at additional cost, which includes music videos, select sports clips and mobisodes. Application download fees also apply for 3D games, premium video short content, and all other Get It Now® applications. Verizon Wireless V CAST customers also receive monthly access and unlimited browsing on Verizon Wireless' Mobile Web 2.0SM news and information service. For a limited time, customers who sign up for V CAST receive one month of service free.
The company's highly recognized BroadbandAccess service, available to mobile professionals and enterprise customers, allows customers in the greater Denver area to connect wirelessly to the Internet via their laptop at broadband speeds, a convenient way to conduct business. BroadbandAccess, which is faster than any competing widely available wide-area wireless data service, enables customers to download a 1 Megabyte email attachment (for example, a small PowerPoint presentation or a large PDF file), or receive three digital pictures (each 400 x 600 pixels) in less than 20 seconds. Because EV-DO technology is backward compatible a distinct advantage to using CDMA technology customers who travel outside a BroadbandAccess coverage area with an EV-DO device will seamlessly switch to Verizon Wireless' existing NationalAccess service, which runs on the company's 1xRTT network.
"Services like BroadbandAccess are a great fit for the Denver area given the wide variety of business and tech-savvy users here," said Mango. "With BroadbandAccess, our wireless customers will be able to stay connected via a secure, reliable high-speed data connection."
Business customers, working with virtual private network (VPN) connections, can use BroadbandAccess as an extension of their corporate local area network (LAN) or intranet, allowing them to work from any location within the BroadbandAccess coverage area, as if they were in the office.
BroadbandAccess, with typical user download speeds of 400-700 kilobits per second (kbps), is ideal for downloading files and business-critical information residing behind corporate firewalls and for accessing e-mail, intranets and the Internet. BroadbandAccess' EV-DO technology has its own data protection and authentication and is designed to work with a business' existing IT infrastructure and security solutions.
In conjunction with today's launch of BroadbandAccess in Denver, Verizon Wireless also announced new pricing for its BroadbandAccess service current and new customers with any monthly voice plan can now get unlimited BroadbandAccess for $59.99 monthly access with a two-year customer agreement. For non-voice customers, BroadbandAccess is available for $79.99 monthly access for unlimited use with a one- or two-year customer agreement. The new pricing is available through December 31, 2005. For more information on BroadbandAccess from Verizon Wireless, visit www.verizonwireless.com/broadbandaccess.
V CAST and BroadbandAccess run on Verizon Wireless' 3G EV-DO network, which began commercial operation in October 2003 in San Diego and Washington, D.C. Verizon Wireless' EV-DO network initially made its commercial debut with BroadbandAccess wireless Internet access service for business customers and mobile professionals. The company launched its V CAST wireless broadband multimedia service in February 2005.
Verizon Wireless expanded the EV-DO coverage area to cover 75 million Americans by the end of 2004. The company's expansion strategy for EV-DO coverage for V CAST and Broadband Access service -- includes adding new markets and expanding network coverage in existing markets.
In Colorado, Verizon Wireless' EV-DO coverage area includes the greater Denver metropolitan area, Boulder, Ft. Collins and Denver International Airport.
In 2004, Verizon Wireless invested $107 million in network enhancements in Colorado.
V CAST Phones and BroadbandAccess PC Cards
Customers can access V CAST on several hot new phones, including the new LG VX8100 phone. Featuring full-motion short content with audio streaming and downloading and playback capabilities, the LG VX8100 offers customers a rich and rewarding interactive experience. The LG VX8100 is available for $149.99 after a $50 mail-in rebate with a two-year customer agreement. V CAST customers can also check out the latest in news, entertainment and sports on the Samsung SCH-A890, which is $99.99 after a $50 mail-in rebate with a two-year customer agreement, the CDM8940 from UTStarcom for $99.99 after a $50 mail-in rebate with a two-year customer agreement and the Motorola E815 for $99.99 after a $50 mail-in rebate with a two-year customer agreement.
Verizon Wireless offers an array of PDAs and PC Cards for BroadbandAccess customers, including the Kyocera KPC-650, the Novatel V620 and the UTStarcom PC 5740 Cards. For a limited time, Verizon Wireless customers with unlimited use data plans can buy the BroadbandAccess Novatel V620 card or the PC 5740 card for $49.99 after a $100 mail-in rebate with a two-year customer agreement. The Kyocera KPC-650 air card is $69.99 after a $100 mail-in rebate with a two-year customer agreement.
For more information on V CAST or BroadbandAccess from Verizon Wireless, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com. Business customers can contact a Verizon Wireless Business Sales Representative directly at 1-800-VZW-4-BIZ.
(EDITORS: Broadcast-quality B-roll footage featuring V CAST and BroadbandAccess is available online. Log on to www.verizonwireless.com/multimedia to preview and request video segments, which can be received in newsrooms digitally, by tape or via satellite.)
About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless network, serving 47.4 million voice and data 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. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
NOTE: This press release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The following important factors could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: materially adverse changes in economic conditions in the markets served by us, an adverse change in the ratings afforded our debt securities or those of Verizon Communications by nationally accredited ratings organizations, the effects of the substantial competition that exists in our markets, which has been intensifying, and which may intensify further as a result of local number portability regulations that allow wireless customers to retain their phone numbers when switching wireless service providers, our ability to obtain sufficient financing to satisfy our substantial capital requirements, including to fund capital expenditures, debt repayment and distributions to our owners, our ability to obtain sufficient spectrum licenses, particularly in our most densely populated areas, our ability to develop future business opportunities, including wireless data services, and to continue to adapt to the changing conditions in the wireless industry, our ability to receive satisfactory service from our key vendors and suppliers, our ability to generate additional subscribers, with acceptable levels of churn, from resellers and distributors of our service, material changes in available technology, and technology substitution that could impact the popularity and usage of our technology, our continued provision of satisfactory service to our subscribers at an acceptable cost, in order to reduce churn, the impact of continued unionization efforts with respect to our employees, regulatory developments, including new regulations that could increase our cost of doing business or reduce demand for our services, developments in connection with existing or future litigation, and changes in our accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings.