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Verizon Business Outlines 2008 CAPEX Plans

Verizon Business outlined plans to expand its global network footprint in 2008 through a number of infrastructure projects in high-growth regions, including China, India, Mexico, Brazil and Australia.

In India, the company is currently implementing a diverse five-city IP, Ethernet and Global Data Link network in Mumbai, Bangalore, Delhi, Chennai and Hyderabad. Verizon Business recently received its international and national long- distance licenses (ILD/NLD) to offer advanced communications services to India-based and multinational companies with operations in India. In Latin America, Verizon Business is adding MPLS nodes in Mexico City and Monterrey. In Brazil, Verizon Business recently completed an expansion of network capabilities by deploying Private IP, Public IP and Global Data Link nodes in Rio de Janeiro and Sao Paulo. In Australia, Verizon Business is implementing national long-distance network expansions, and building an optical backbone serving the cities of Sydney, Melbourne, Brisbane, Adelaide, Canberra and Perth. Verizon Business is also adding VoIP capabilities in Singapore and Hong Kong; and upgrading its network in Canada with a high-speed optical backbone in Toronto.

Verizon Business other 2008 capital programs include:

http://www.verizonbusiness.com

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