Wholesalers Internet Service-Gateway CPE Bundle for Small- and Medium-Sized Business Customers

New York (PRESS RELEASE – October 26, 2009) — Verizon announced on Thursday (Oct. 22) an arrangement with electronics provider Samsung that will allow Verizon Partner Solutions to offer its wholesale customers the innovative Samsung Ubigate(TM) series of gateway routers that can be bundled with Verizon Internet Dedicated Access (IDA) service. The Internet service-gateway router package is ideal for small- and medium-sized businesses.

Under Verizon’s offering, its wholesale customers that offer their end-users Verizon’s popular IDA service can also receive discounted pricing on Samsung Gateway routers and sell both services to small- and medium-sized businesses that are looking to add VoIP and other data services.

“The arrangement demonstrates our commitment to the growing small- and medium-sized business sector of the economy,” said Amy Stern, director of product management and product development for Verizon Partner Solutions, the Verizon business unit that serves wholesale customers. “The key is offering our wholesale customers an array of telecom products that are competitive in their markets.”

Stern added: “Because we see the growing VoIP and data needs of the small- and medium-sized business market, Verizon is dedicated to helping our wholesale customers grow as well to meet those needs for their small- and medium-sized business customers. By joining with Samsung, a leading developer of innovative gateway customer premises equipment, we make possible a stronger bundle for wholesalers, and an attractive way for small- and medium-sized businesses to build a VoIP service.”

Through its convergence initiatives, Samsung is committed to delivering optimized all-in-one business solutions for small- and medium-sized businesses. The company’s Ubigate(TM) series of business gateways offers multiple services in a single, consolidated networking device. Tightly integrated essential capabilities such as firewalls, VPNs, IP telephony, caching, Quality of Service (QoS) Stream and multicasting are provided from a single, resilient and high-performance platform.

“Samsung is delighted to provide customer premises equipment to Verizon Partner Solutions,” said Doug Wonson, vice president and general manager at Samsung Telecommunications America.

“The bundling of Samsung’s versatile Ubigate(TM) routing solution with Verizon’s Internet Dedicated Access service offers wholesalers and end-users a compelling choice that can increase their bottom lines. It also creates a one-stop-shopping opportunity for small- and medium-sized businesses, allowing them to go to a single wholesaler to meet both Internet service and CPE needs,” Wonson said.

Verizon Partner Solutions sells networks and network capabilities to telecom service providers, including long-distance providers, local service providers, wireless carriers, cable companies, integrators, Internet service providers and international telecommunications carriers based in the U.S. Verizon Partner Solutions serves more than 3,000 wholesale customers at locations throughout the country.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company consists of two business units: Digital Media & Communications and Device Solutions. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.

About Verizon

Verizon Communications Inc. (NYSE: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network, serving more than 87 million customers nationwide. Verizon’s Wireline operations provide converged communications, information and entertainment services over the nation’s most advanced fiber-optic network. Wireline also includes Verizon Business, which delivers innovative and seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of more than 235,000 and last year generated consolidated operating revenues of more than $97 billion. For more information, visit www.verizon.com.

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Anita Campbell Anita Campbell is the Founder, CEO and Publisher of Small Business Trends and has been following trends in small businesses since 2003. She is the owner of BizSugar, a social media site for small businesses.

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