Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities discussed in this prospectus, or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

Prospectus dated November 10, 2006.

Summary of Important Plan Features

Registered Shareowners - If you are a registered Verizon Communications shareowner, you may enroll in the Plan immediately.

Initial Investment - If you are not a registered
Verizon Communications shareowner, you
may enroll by investing at least $500 or by
authorizing the Plan Administrator to automatically
deduct five (5) $100 monthly payments
from your U.S. bank account.

Dividend Reinvestment - Dividends on all or a portion of your Plan shares will be automatically reinvested in Verizon Communications common shares.

Additional Investments - You can make additional investments by authorizing the Plan Administrator to automatically deduct $50 or more from your U.S. bank account each month.

Share Safekeeping - Whether you participate in the Plan or not, if you own shares of Verizon Communications and you hold them in certificate form, you may send them to the Plan Administrator for share safekeeping. There is no cost to you for this service.

Periodic Statements - Each time you invest, you will receive a statement that will show you the status of your account.

Participant Fees - You will pay certain fees in connection with the Plan. These fees are described further in this prospectus.

Table of Contents

Verizon Communications
Direct Invest - The Plan


Administration and Contact Information		4

Who Can Join		4

Enrollment		5

Participant Fees		7

How Shares are Purchased and Priced		8

Investment Methods and Timing		9
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Verizon Communications Direct Invest - The Plan

Verizon Communications
Direct Invest - The Plan