Verizon Business Placed in Leaders Quadrant of Analyst Firm’s Magic Quadrant for Asia/Pacific Network Service Providers

Evaluation Based on Completeness of Vision, Ability to Execute

SINGAPORE - Leading industry-analyst firm Gartner Inc. has placed Verizon Business in the Leaders quadrant among Asia-Pacific network services providers in Gartner’s new report, “Magic Quadrant for Asia/Pacific Network Service Providers.”¹

The report evaluates providers of international network services to multinational companies (MNCs) with regional networks in Asia-Pacific. The providers focus on data services, especially IP virtual private networks (VPNs) and, increasingly, Ethernet offerings. Most also offer voice services, especially voice over IP and IP telephony in association with IP VPNs.

Gartner notes in the report that “network service providers are making good progress. MNCs have a wide choice of service providers, offering improved network service quality and competitive pricing. In addition, most providers have rolled out a portfolio of important managed services, including WAN management and optimization, Internet Protocol (IP) telephony, network security and video conferencing. Several players are also rolling out cloud computing services - in particular, infrastructure as a service - to further differentiate themselves.”

Andrew Dobbins, Verizon Business regional vice president, Asia-Pacific, said: “Verizon Business in Asia-Pacific is going from strength to strength as a result of our continued investment in our network, solutions, services and people, which enables us to better support our customers’ evolving business requirements. In this past year, we have seen strong adoption of our expanding cloud-based solutions and managed services portfolios, as well as our professional service support, as customers look to leverage the Verizon Business team’s skills and expertise to help maximize their own communications productivity, security and efficiency.”

About the Magic Quadrant
The Magic Quadrants are copyrighted 2010 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE, NASDAQ: VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world’s most connected IP networks to deliver award-winning communications, IT, information security and network solutions. We securely connect today’s extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment. Many of the world’s largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at www.verizonbusiness.com.

¹ Gartner, Inc., “Magic Quadrant for Asia/Pacific Network Service Providers” June 28, 2010, author To Chee-Eng, Bjarne Munch, Vincent Fu.