The Board of Directors of Verizon Communications Inc. (NYSE:VZ) has declared a quarterly dividend of 43 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 1, 2008, to Verizon Communications shareowners of record at the close of business on April 10, 2008.

Verizon has approximately 2.4 million shareowners and approximately 2.9 billion shares of common stock outstanding. The company made $4.8 billion in dividend payments in 2007.

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 66 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 nearly 235,000 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit www.verizon.com.