Verizon Posts Strong 2Q 2007 Results

NEW YORK – Verizon Communications Inc. (NYSE:VZ) today reported strong second-quarter 2007 financial and operational results, as the company expanded margins while continuing revenue growth momentum in its key strategic markets — wireless, broadband, data, video and global IP.

FiOS TV continued to accelerate as Verizon Telecom added a net 167,000 new subscribers in the second quarter of 2007 giving a total of 515,000 customers – an addition of 460,000 FiOS TV subscribers since the end of the second quarter of 2006.