Total Verizon Largest U.S. wireline and wireless telecommunications provider Revenues of $71.3 billion $7.3 billion in income before discontinued operations and cumulative effect of accounting change $13.3 billion capital investment More than 210,000 employees Domestic Telecom Major provider of local, long-distance, data and broadband services Revenues of $38.6 billion Wireline assets serve two-thirds of the top 100 U.S. markets $7.1 billion capital investment Verizon Wireless Leading wireless services provider with the nation’s most reliable wireless voice network Revenues of $27.7 billion 43.8 million customers $5.6 billion capital investment Information Services Leading print and online directory publisher and content provider Revenues of $3.6 billion 128 million circulation worldwide 1.2 million advertising customers 134 million monthly searches on SuperPages.com International Wireline and wireless operations and investments primarily in the Americas and Europe Revenues of $2.0 billion Features | Selected Financial Data and MD&A | Financials | Proxy | Investor Relations Website * This is an interactive electronic version of Verizon’s 2004 Annual Report to Shareholders, and it is intended to be complete and accurate. The contents of this version are qualified in their entirety by reference to the printed version. A reproduction of the printed version is available in PDF format on this website