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55
VER I ZON C OMMUN I CATION S INC. 2006 ANNUA L REP O RT
a฀high-speed฀ backbone฀network฀that฀gives฀us฀unsurpassed฀global฀reach฀ and฀ the฀
ability฀to฀offer฀advanced฀Internet฀Protocol฀solutions฀to฀business฀customers฀around฀
the฀ world.฀ And฀ we฀ continue฀ to฀ differentiate฀ our฀ platforms฀ with฀ applications฀฀
and฀services฀that฀make฀them฀work฀better,฀faster,฀more฀securely฀and฀more฀reliably฀
for฀customers.
By฀executing฀ a฀ strategy฀based฀ on฀ investment฀and฀innovation,฀ we฀have฀built฀
world-class฀networks฀that฀serve฀millions฀of฀customers฀at฀home,฀at฀work฀and฀on฀the฀
move.฀What฀makes฀this฀a฀breakthrough฀moment฀for฀Verizon฀is฀the฀powerful฀inter-
section฀of฀our฀network฀strengths฀with฀the฀trends฀that฀are฀creating฀new฀markets฀
and฀transforming฀the฀world฀of฀business,฀entertainment฀and฀communications.
2006฀will฀go฀down฀as฀the฀year฀that฀users฀took฀over฀the฀Internet.
Blogs.฀Podcasts.฀YouTube.฀Wikipedia.฀MySpace.฀Open-source฀software.฀ People฀
creating฀a฀shared฀chronicle฀of฀daily฀life฀by฀swapping฀photos,฀music,฀opinions,฀expe-
riences฀with฀friends,฀families,฀even฀strangers.฀Businesses฀in฀constant฀dialogue฀with฀
customers,฀employees฀and฀partners฀–฀worldwide,฀24x7.฀
This฀ kind฀ of฀ user-generated,฀ interactive,฀ multimedia฀ content฀ is฀ increasingly฀
dominating฀the฀marketplace฀–฀a฀sweeping฀trend฀known฀as฀“Web฀2.0.”฀The฀Internet฀
is฀rapidly฀evolving฀from฀a฀text-based฀to฀a฀visual฀medium,฀which฀requires฀networks฀
that฀deliver฀much฀higher฀bandwidth฀both฀upstream฀and฀downstream.฀Providing฀
millions฀ of฀ customers฀ the฀ high-speed฀ communications฀ tools฀ they฀ need฀ to฀ par-
ticipate฀in฀ this฀global฀conversation฀is฀one฀of฀the฀ great฀business฀opportunities฀ of฀฀
a฀generation.฀
Verizon฀builds฀the฀real฀networks฀on฀which฀these฀social฀networks฀depend.
Together,฀our฀broadband,฀mobile฀and฀global฀IP฀networks฀comprise฀a฀powerful฀
delivery฀system฀ for฀ the฀media-rich,฀interactive฀content฀that฀is฀ transforming฀tele-
vision,฀the฀Internet,฀commerce,฀medicine฀and฀education฀as฀we฀know฀them฀today.฀
Verizon฀is฀at฀the฀heart฀of฀this฀creative,฀disruptive,฀market-making฀shift฀–฀delivering฀
high-denition฀ content,฀ helping฀ people฀ and฀ businesses฀ collaborate,฀ and฀ making฀฀
it฀ all฀ work฀ together฀ for฀ customers,฀ on฀ any฀ screen,฀ wherever฀ they฀ are.฀ Not฀ only฀
does฀this฀create฀value฀for฀us,฀it฀also฀pushes฀the฀industry฀forward฀by฀fueling฀inno-
vation฀in฀consumer฀electronics,฀equipment฀manufacturing,฀content,฀software฀and฀฀
search฀–฀all฀along฀the฀value฀chain.
Verizon’s฀leadership฀in฀these฀transformational฀technologies฀gives฀us฀an฀engine฀
for฀growth฀and฀makes฀us฀an฀indispensable฀driver฀of฀the฀21st฀century฀economy.฀
0
20
40
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Y E A R
Actual Forecast
U.S. Broadband Households
(millions)
81.5
Source: Forrester Research, Inc., June, 2006
0
Actual Forecast
U.S. Multi-PC Households
(millions)
00 01 02 03 04 05 06 07 08 09 10 11
Y E A R
73.8
Source: Forrester Research, Inc., June, 2006
20
40
60
80