VZC Verizon Comms

 
TIDMVZC 
 
Cellco Partnership d/b/a Verizon Wireless Verizon Wireless Capital LLC to 
               Partially Redeem 8.500% Notes, Due Nov. 15, 2018 
 
NEW YORK, Feb. 28, 2014 -- Verizon Communications Inc. today 
announced that its subsidiaries, Cellco Partnership (the "Partnership") and 
Verizon Wireless Capital LLC ("Capital" and together with the Partnership, "the 
"Issuers"), will redeem $1,250,000,000 of their 8.500% Notes, due Nov. 15, 2018 
(CUSIPS 92344S AG5, 92344S AK6 and U9220 QAD6) (the "Notes").  There is a total 
of $2.25 billion in principal amount of the Notes currently outstanding.  The 
Notes to be redeemed will be selected in accordance with the terms of the 
indenture governing the Notes and the applicable procedures of The Depositary 
Trust Company.  The redemption date for the Notes being redeemed will be March 
30, 2014 (the "Redemption Date"). 
 
The redemption price for the Notes being redeemed will be equal to the sum of 
the present values of the remaining scheduled payments of principal and 
interest on the Notes being redeemed (exclusive of interest accrued to the 
Redemption Date), discounted to the Redemption Date on a semiannual basis 
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury 
Rate (as defined in the Notes) plus 75 basis points (the "Redemption Price"), 
plus accrued and unpaid interest on the principal amount being redeemed to the 
Redemption Date.  The Redemption Price will be calculated by the Issuers or 
their agent in accordance with the terms of the Notes on the third business day 
preceding the Redemption Date.  Interest will cease to accrue on the Notes 
being redeemed on and after the Redemption Date. 
 
The name and address of the paying agent for the redemption is: 
 
By Mail                    By Courier                 By Hand 
U.S. Bank                  U.S. Bank                  U.S. Bank 
Corporate Trust Services   Corporate Trust Services   Corporate Trust Services 
Attn: Registered Payments  60 Livingston Avenue       100 Wall Street 
EP-MN-WS2N                 1st Fl - Bond Drop Window  Suite 1600 
60 Livingston Avenue       St Paul, MN 55107-2292     New York, NY 10005 
St. Paul, MN 55107-2292 
 
 
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a 
global leader in delivering broadband and other wireless and wireline 
communications services to consumer, business, government and wholesale 
customers. Verizon Wireless operates America's most reliable wireless network, 
with nearly 103 million retail connections nationwide. Verizon also provides 
converged communications, information and entertainment services over America's 
most advanced fiber-optic network, and delivers integrated business solutions 
to customers in more than 150 countries. A Dow 30 company with more than $120 
billion in 2013 revenues, Verizon employs a diverse workforce of 176,800. For 
more information, visit www.verizon.com. 
 
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and 
biographies, media contacts and other information are available at Verizon's 
online News Center at newscenter.verizon.com. The news releases are available 
through an RSS feed. To subscribe, visit newscenter.verizon.com/corporate/feeds. 
 
SOURCE Verizon Communications Inc. 
 
CONTACT: Ray McConville, 908-559-3504, raymond.mcconville@verizon.com 
 
 
END 
 

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