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Verizon Wireless Announces $8.5 Billion in Distributions to Verizon and Vodafone by Year-End 2012



   Verizon Wireless Announces $8.5 Billion in Distributions to Verizon and
                          Vodafone by Year-End 2012

PR Newswire

BASKING RIDGE, N.J., Nov. 12, 2012

BASKING RIDGE, N.J., Nov. 12, 2012 /PRNewswire/ -- Verizon Wireless today
announced that its Board of Representatives has declared distributions
aggregating $8.5 billion to its owners, which are payable on or prior to
December 31, 2012. The distributions will be paid in one or more tranches,
with each tranche paid in proportion to the owners' partnership interests on
the payment date.

Verizon Wireless is a joint venture between Verizon Communications Inc., which
owns 55 percent of the partnership, and Vodafone Group Plc, which owns 45
percent of the partnership.

About Verizon Wireless   
Verizon Wireless operates the nation's largest 4G LTE network and largest,
most reliable 3G network. The company serves nearly 96 million retail
customers, including 90.4 million retail postpaid customers. Headquartered in
Basking Ridge, N.J., with more than 75,000 employees nationwide, Verizon
Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and
Vodafone (LSE, NASDAQ: VOD). For more information, visit
www.verizonwireless.com. To preview and request broadcast-quality video
footage and high-resolution stills of Verizon Wireless operations, log on to
the Verizon Wireless Multimedia Library at
www.verizonwireless.com/multimedia.  

SOURCE Verizon Wireless

Website: http://www.verizonwireless.com
Contact: Torod Neptune, +1-908-559-7508, torod.neptune@verizonwireless.com
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