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Verizon FiOS Boosts Upload Speeds

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NEW YORK -- People are sharing content on the Internet more than ever, a trend that is expected to continue. Starting today (July 21), existing and new Verizon FiOS residential customers will receive upload speeds that match their download speeds, making it easier and faster to share. This speed upgrade is free to current customers, and comes at a time when people are uploading more and more information to the cloud, sharing videos and photos, and video chatting. Customers sharing information with family members, friends and classmates will have a more consistent Internet experience.

Providing even greater value to existing customers, Verizon will transition qualifying current residential customers to higher upload speeds for free throughout the coming months. Additionally, all FiOS Internet services will boast equal download and upload speeds at current prices. Later this year, existing and new FiOS small-business customers also will receive this upgrade.

“Faster upload speeds means better sharing experiences,” said Mike Ritter, Verizon’s chief marketing officer for consumer and mass business. “All Internet sharing – whether videos, large photo files or gaming – starts with uploading. FiOS all-fiber-optic technology offers a unique opportunity to enhance our customers’ Internet experience on a mass scale by increasing our upload speeds to equal to our industry-leading download speeds. As the Internet of Things becomes a reality, equal download and upload speeds will become essential.”

Verizon Communications Inc. (NYSE: VZ)

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