NBCUNIVERSAL AND VERIZON OFFER TV EVERYWHERE RIGHTS FOR TOP SPORTS, NEWS AND ENTERTAINMENT PROGRAMMING TO VERIZON FiOS TV CUSTOMERS BEGINNING EARLY NEXT YEAR

Comprehensive Content Affiliation Agreement Covers Retransmission Consent for NBC and Telemundo Owned Stations and Includes Rights to Air Olympic Games

NEW YORK - November 26, 2012 - NBCUniversal and Verizon today announced a wide-ranging agreement for Verizon FiOS TV customers to be able to watch the entire portfolio of top-rated broadcast and cable networks of NBCUniversal live and on-demand via multiple platforms, both in and out of the home, beginning early next year. To access the online programming, Verizon customers must subscribe to FiOS TV.

The TV Everywhere rights for the networks of NBCUniversal are part of a broader agreement for Verizon FiOS TV customers, which also includes the full suite of top-rated cable networks from NBCUniversal: USA, Bravo Media, cloo, Chiller, CNBC, E!, G4, MSNBC, mun2, NBC Sports Network, Oxygen Media, Style Media, Syfy, Telemundo Media and Golf Channel, as well as retransmission consent for local NBC and Telemundo owned stations. In addition, the long-term agreement includes expansive rights to carry the Olympic Games as well as carriage of Comcast SportsNet Philadelphia, Comcast SportsNet Mid Atlantic, The Comcast Network-Philadelphia and Comcast SportsNet New England.

"This comprehensive agreement benefits our viewers and Verizon's FiOS TV customers by making programming available across NBCUniversal's vast content portfolio wherever the viewer goes on any device," said Matt Bond, Executive Vice President, Content Distribution, NBCUniversal. "Verizon clearly understands and appreciates the value our stations, cable and Olympics content delivers to their subscribers. We look forward to continuing our long standing and mutually beneficial partnership and working closely together to develop new and innovative ways to engage subscribers."

"As Verizon continues to expand our suite of programming across multiple devices, it's imperative that we offer our FiOS TV customers access to all that NBCUniversal has to offer," said Terry Denson, vice president of content strategy and acquisition for Verizon. "We look forward to continuing our relationship with NBCUniversal and growing our TV offering with anytime, anywhere access to their suite of programming."

About NBCUniversal

NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. Comcast Corporation owns a controlling 51 percent interest in NBCUniversal, with GE holding a 49 percent stake.

About Verizon Communications

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 96 million retail customers 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, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of 184,500. For more information, visit www.verizon.com.