Verizon Wireless Reiterates Position On Fair and Open Spectrum Auctions

. July 20, 2007

Verizon Wireless today released the following statement on the upcoming 700 MHz spectrum auction:
“We remain guided in our principled belief that open and fair auctions
serve everybody best: consumers, innovators, U.S. taxpayers. To rig the 700
MHz auction in any way — to limit its value and potential to deliver
exciting new products and services — would be a huge disservice to the
nation. Corporate welfare for Google is bad public policy.”

About Verizon Wireless

Verizon Wireless operates the nation’s most reliable wireless voice and
data network, serving 62.1 million customers. The largest U.S. wireless
company and largest wireless data provider, based on revenues, Verizon
Wireless is headquartered in Basking Ridge, N.J., with 67,000 employees
nationwide. The company 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. 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
http://www.verizonwireless.com/multimedia.

Category: Auction News

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