GLG News Analyses of the following article:

Verizon Completes Spin-Off

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Published at: www.lightreading.com

Samuel GreenholtzPrincipalTelecom Pragmatics

Template in Place for Verizon to Sell Assets in NY, PA, MD, VA and WV

April 9, 2008

1.      Perhaps after waiting for several months, Verizon can look to make a deal to sell off other western portions of its incumbent footprint – assuming it gets a decent price. 2.      Since these agreements do not happen overnight, FairPoint will have ample time to make some impressive inroads with broadband services – and there should be ample evidence that the telco will not be haunted by integration issues. 3.      Verizon can then point to this progress as an example of what an independent telco can do in these more rural types of areas– and the RBOC can develop an effective strategy to get the approval of the PUCs based on its experience in northern New England.