Verizon's All-Fiber-Optic Network Now Available to Many Residents in Archstone Apartments...

Verizon's All-Fiber-Optic Network Now Available to Many Residents in Archstone
Apartments in Northern Virginia
Residents in 14 Communities - 5,429 Living Units - Will Enjoy the Fastest
Internet Connection Speeds on FiOS Internet Service and Extraordinary Picture
Quality on FiOS TV

ARLINGTON, Va., Aug. 5 /PRNewswire/ -- Residents in 14 Northern Virginia
apartment communities with a total of 5,429 units now have access to the most
advanced all-fiber-optic network and FiOS Internet and TV services, under an
agreement between Verizon and Archstone, a leading apartment building
management and investment company.
"We're excited to bring these Archstone residents FiOS services from
Verizon," said Eric Cevis, vice president of Verizon Enhanced Communities,
which markets and sells communications and entertainment services to
single- and multiple-home properties. "It matters which network is connected
to your TV, computer and phone.
"With our all-fiber network, these customers are receiving the most
advanced network for voice, data and TV services available in the market today
-- FiOS services," said Cevis.
The Archstone communities offering Verizon's FiOS services are located in
Arlington, Ashburn, Fairfax, Herndon, Reston and Vienna. An additional 3,290
Archstone apartment homes in the state are expected to have the services later
this year. Archstone is also working with Verizon to bring FiOS services to
more communities in Maryland, Massachusetts and New York.
Since the end of 2005, Verizon Enhanced Communities has aggressively
pursued agreements with property owners to bring FiOS to their properties. To
date, Verizon Enhanced Communities has entered agreements with developers and
contractors for new developments under construction covering 400,000 private
households and is offering FiOS to 750,000 apartment units across 16 states
where the company is currently building its all-fiber network.
Archstone offers its customers an array of superior services. Prospective
residents can visit ArchstoneApartments.com to view real-time pricing and
availability, select a floor plan, and complete a lease online. Current
residents have all the benefits of unconditional Seal of Service Guarantees,
which include flexible lease terms, 100 percent move-in satisfaction
guarantee, one-day service guarantee and a relocation guarantee.
Verizon FiOS can deliver Internet access with maximum downstream
connection speeds of up to 50 Mbps (megabits per second) and upload speeds of
up to 20 Mbps over the nation's most advanced digital, all-fiber-optic
network. At 50 Mbps, downloading a 1.2 GB (gigabyte), or 90-minute,
standard-definition movie takes approximately 3.2 minutes. Upload speeds of up
to 20 Mbps make modern video and file-sharing a snap over the nation's only
large-scale fiber-optic network that extends all the way to customers' homes
or small and medium-sized businesses. Using a 20 Mbps upstream broadband
connection, a person could upload a 250 megabyte (MB) file or a 3,500 page
document in about 90 seconds, compared with about 47 minutes over a 768
kilobits per second (kbps) upstream connection.
Verizon's fiber-optic network also delivers amazingly sharp pictures and
sound with FiOS TV and has the capacity to transmit a wide array of
high-definition programming so clear and intense it seems to leap from the
screen. Verizon's FiOS TV service offers a broad collection of all-digital
programming, with more than 400 channels and 10,000 video-on-demand titles
each month, 70 percent of which are free. The VOD library also includes an
increasing number of HD titles, with plans for 1,000 HD VOD titles per month
by year-end.
These Archstone communities now have FiOS services:
-- Arlington -- Archstone Columbia Crossing on Columbia Pike; Ballston
Place on North Pollard Street; Arlington Courthouse Place on North Veitch
Street; Arlington Courthouse Plaza on Clarendon Boulevard; Gallery at Rosslyn
on North Oak Street; Gallery at Virginia Square on North Nelson Street; 2201
Wilson Boulevard on Wilson Boulevard; and Archstone Ballston Square on North
Randolph Street.
-- Reston -- Archstone Charter Oak on Charter Oak Court, and Archstone
Reston Landing on Cameron Pond Drive. -- Ashburn -- Archstone Stoneridge on
Broad Vista Trail.
-- Fairfax -- Archstone Monument Park on Oakdale Crescent Court.
-- Herndon -- Archstone Woodland Park on Glen Echo Road.
-- Vienna -- Archstone Tysons Corner on Gosnell Road

Archstone's desire for FiOS services in its communities reflects the
competitive advantage Verizon's all-fiber network offers owners and developers
in marketing their properties. Verizon is the only major telecom company
whose network has earned the certification of the independent Fiber to the
Home Council for providing fiber all the way to customers' homes.
Verizon Enhanced Communities received the Cornerstone Award from Broadband
Properties Magazine acknowledging the organization for outfitting a 300-unit,
eight-building JPI residential community with Verizon's FiOS all-fiber-optic
network services in just 14 days. For more information about the products and
services available through Verizon Enhanced Communities, visit
www.verizon.com/communities.
For more information on Archstone, visit www.archstoneapartments.com.
About Archstone
Archstone is a recognized leader in apartment investment and operations.
The company's portfolio is concentrated in many of the most desirable
neighborhoods in the Washington, D.C. metropolitan area, the Los Angeles area,
the San Diego area, the San Francisco Bay Area, the New York metropolitan
area, Seattle and Boston. The company continually upgrades the quality of its
portfolio through the selective sale of assets, using proceeds to fund
investments in assets with even better growth prospects. Archstone strives to
provide great apartments and great service to its customers-backed by
unconditional service guarantees. As of December 31, 2007, the company owned
or had an ownership position in 416 communities, representing 86,389 units,
including units under construction.
About Verizon
Verizon Communications Inc. (NYSE: VZ), headquartered in New York, is a
leader in delivering broadband and other wireline and wireless communication
innovations to mass market, business, government and wholesale customers.
Verizon Wireless operates America's most reliable wireless network, serving
nearly 69 million customers nationwide. Verizon's Wireline operations include
Verizon Business, which delivers innovative and seamless business solutions to
customers around the world, and Verizon Telecom, which brings customers the
benefits of converged communications, information and entertainment services
over the nation's most advanced fiber-optic network. A Dow 30 company,
Verizon employs a diverse workforce of more than 228,600 and last year
generated consolidated operating revenues of $93.5 billion. For more
information, visit www.verizon.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches
and biographies, media contacts, high-quality video and images, and other
information are available at Verizon's News Center on the World Wide Web at
www.verizon.com/news. To receive news releases by e-mail, visit the News
Center and register for customized automatic delivery of Verizon news
releases.
SOURCE Verizon

Ellen Yu of Verizon (National), +1-908-559-3496, ellen.yu@verizon.com, Harry
Mitchell of Verizon (Virginia), +1-304-344-7562, harry.j.mitchell@verizon.com,
or Sharon Woodring of Archstone, +1-303-792-1016, swoodring@archstonemail.com