VZB to Get India LicensesVZB to Get India Licenses

BASKING RIDGE, N.J. and MUMBAI, India -- Verizon Business announced today that India's Department of Telecommunications has issued Verizon Business India a letter of intent for the award of licenses for international and national long-distance services.Receipt of the licenses will further enhance Verizon Business' ability to provide advanced telecommunications services to multinational companies withoperations in India, as well as to India-based multinationals.

Verizon Business already holds an Internet service provider license inIndia and has various local IP hubs. The company currently provides servicesto its multinational customers' Indian operations through partnerships withseveral licensed carriers in India. Upon receipt of the licenses, companiesoperating in India will benefit from direct access to Verizon Business'advanced IP communications portfolio through Verizon Business India, whichwill complement Verizon Business' continuing relationships with its existingIndian partners.

Verizon Business India plans to offer a full range of services tomultinational customers, including international private-leased circuitswithmulti protocol label switching (MPLS), and Internet protocol services. IPanddata network capabilities are planned for launch in Mumbai, Bangalore,Delhi,Chennai and Hyderabad in 2008.

John Killian, president, Verizon Business, commented: "This is animportant milestone in the provision of services to our customers withoperations in India. India is a strategic market for many of ourmultinational customers, and our application for these licenses is part ofour continued investment in global infrastructure to provide the highestlevels of services and capabilities to our customers around the world. Welook forward to building on our existing presence in India to provideadvanced communications services and high-quality support direct to customeroperations based there."

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