Verizon to Break Ground on New Technology Innovation Center in Waltham, Mass., on April 15

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April 14, 2010
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Verizon to Break Ground on New Technology Innovation Center in Waltham, Mass., on April 15

WALTHAM, Mass. - Verizon will break ground Thursday, April 15 on its Technology Innovation Center, which will be a catalyst for delivering new and innovative devices and services that connect people, places and things using next-generation wireline and wireless technology.  The new Waltham facility, focused on 4G Long Term Evolution (LTE) wireless networks, will build upon the history of the existing Verizon Technology Campus at Waltham, where dynamic research and testing that has influenced the daily lives of Americans has been taking place since the 1940s.

  WHAT:
  The groundbreaking ceremony will feature leaders from Verizon and
   state and local government, including:
  --Dick Lynch, executive vice president and chief technology officer,
   Verizon
  --Greg Bialecki, Massachusetts secretary of housing and economic
   development
  -- Waltham Mayor Jeanette McCarthy
  --Tom Hopcroft, president and chief executive officer, Massachusetts
   Technology Leadership Council

  WHERE:
  Verizon Technology Campus
  117 West Street
  Waltham, Mass.

  WHEN:
  10:30 a.m. EDT on Thursday, April 15, 2010

  BACKGROUND:
  The Verizon Technology Innovation Center is designed to provide a
   central base for Verizon's advanced technology initiatives.  Upon
   completion, the three buildings on the Verizon Technology Campus at
   Waltham will house more than 300 of the country's leading
   technologists and scientists and will contain office and lab space
   as well as an Executive Briefing Center where partners, consumer
   electronics companies, innovation collaborators, business executives
   and public officials can meet to discuss and collaborate on forward-
   looking technologies such as FiOS and next-generation 4G LTE
   wireless technology.

  The site in Waltham is an important hub of wireless technology and
   user trials.  Verizon Wireless has been building and testing its 4G
   LTE network in Boston since August 2009.  The company expects to
   launch its 4G LTE network in 25 to 30 markets, covering roughly 100
   million people by the end of 2010.

  MEDIA CONTACTS:
  John Bonomo
  Verizon
  212.321.8033 (office) or 917.838.9142 (mobile)
  John.J.Bonomo@verizon.com

  Michael Murphy
  Verizon Wireless
  781.932.1213 (office) or 781.223.5975 (mobile)
  Michael.Murphy@verizonwireless.com

  Jeffrey Nelson
  Verizon Wireless
  917.968.9175 (mobile)
  Jeffrey.Nelson@verizonwireless.com

  /PRNewswire -- April 14/

Source: Verizon

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