RNS Number:2395E
Verizon Communications
19 October 2004

The following amendment has been made to the 'Form 8-K' announcement released on
18th October 2004 at 17.26 under RNS No 1842E.

In the paragraph headed 'Item 8.01. Other Events' the figure should have read 
'$13 billion' and not #13 billion as previously stated. 

All other details remain unchanged.

The full amended text is shown below.



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                              ____________________

                                    FORM 8-K
                              ____________________

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                         Date of Report: October 6, 2004
                        (Date of earliest event reported)
                              ____________________


                           VERIZON COMMUNICATIONS INC.
             (Exact name of registrant as specified in its charter)
                              ____________________


         Delaware                      1-8606                   23-2259884
(State or other jurisdiction   (Commission File Number)       (I.R.S. Employer
      of incorporation)                                      Identification No.)


     1095 Avenue of the Americas,
          New York, New York                                        10036
(Address of principal executive offices)                          (Zip Code)


       Registrant's telephone number, including area code: (212) 395-2121

                                 Not applicable
          (Former name or former address, if changed since last report)
                              ____________________


Check the appropriate box below if the Form 8-K filing is intended to 
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

( ) Written communications pursuant to Rule 425 under the Securities Act 
    (17 CFR 230.425)

( ) Soliciting material pursuant to rule 14a-12 under the Exchange Act 
    (17 CFR 240.14a-12)

( ) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

( ) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

________________________________________________________________________________



Item 8.01. Other Events.

At the Goldman Sachs Communacopia XIII Conference on October 6, 2004, Ivan 
Seidenberg, Chairman and Chief Executive Officer of Verizon Communications Inc., 
discussed the company's evaluation of its assets and properties for strategic 
fit and financial performance. Mr. Seidenberg noted that the company had 
suspended discussions recently with potential buyers related to its upstate New 
York access lines, pending an evaluation of its strategic options. However, he 
said that the company is continuing to consider plans for a reduction in the 
size of its access line business, including through a spin off mechanism or 
otherwise. He indicated that a reduction in the size of the access line business 
would enable the company to pursue its strategy to place greater focus on the 
high growth businesses of broadband and wireless. Mr. Seidenberg also staled 
that the company expects capital expenditures for 2004 to total slightly less 
than $13 billion, which is consistent with the company's prior guidance of 
$12 billion to $13 billion, and noted that, given wireless data and broadband 
expansion plans, capital expenditures for 2005 will likely increase slightly.





                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                            Verizon Communications Inc.
                                            (Registrant)

Date: October 7, 2004                       /s/ David H. Benson
                                            ____________________________________
                                            David H. Benson
                                            Senior Vice President and Controller



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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