732712--3/1/2007--VERIZON_COMMUNICATIONS_INC

related topics

{product, market, service}

{financial, litigation, operation}

{customer, product, revenue}

{regulation, government, change}

We face significant competition that may reduce our market share and lower our profits. Unless we are able to take advantage of technological developments in the telecommunications industry on a timely basis, we may experience a decline in a demand for our services or may be unable to implement our business strategy. We depend on key suppliers and vendors to provide equipment that we need to operate our business. Changes in the regulatory framework under which we operate could adversely affect our business prospects or results of operations. We are subject to a significant amount of litigation, which could require us to pay significant damages or settlements.

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