<SUBMISSION>
<ACCESSION-NUMBER>0000950130-02-005665
<TYPE>424B3
<PUBLIC-DOCUMENT-COUNT>1
<FILING-DATE>20020809
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>VERIZON GLOBAL FUNDING CORP /DE/
<CIK>0000892372
<ASSIGNED-SIC>4813
<IRS-NUMBER>510272912
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>424B3
<ACT>33
<FILE-NUMBER>333-67412
<FILM-NUMBER>02724667
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>501 CARR ROAD, SUITE 201
<CITY>WILMINGTON
<STATE>DE
<ZIP>19809
<PHONE>3027614200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1717 ARCH ST 47TH FL
<CITY>PHILADELPHIA
<STATE>PA
<ZIP>19103
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>BELL ATLANTIC FINANCIAL SERVICES INC
<DATE-CHANGED>19920928
</FORMER-COMPANY>
</FILER>
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>VERIZON COMMUNICATIONS INC
<CIK>0000732712
<ASSIGNED-SIC>4813
<IRS-NUMBER>232259884
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>424B3
<ACT>33
<FILE-NUMBER>333-67412-01
<FILM-NUMBER>02724668
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1095 AVE OF THE AMERICAS
<CITY>NEW YORK
<STATE>NY
<ZIP>10036
<PHONE>2123952121
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1717 ARCH ST 47TH FL
<CITY>PHILADELPHIA
<STATE>PA
<ZIP>19103
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>BELL ATLANTIC CORP
<DATE-CHANGED>19920703
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>d424b3.txt
<DESCRIPTION>FORM 424B3
<TEXT>
<PAGE>

Prospectus Supplement dated as of August 9, 2002                  Rule 424(b)(3)
To Prospectus dated November 16, 2001                         File No. 333-67412


                                 $5,442,079,000

                          Verizon Global Funding Corp.
                     Zero Coupon Convertible Notes due 2021
            Supported as to Payment of Principal and Interest by and
                      Convertible into the Common Stock of
                           Verizon Communications Inc.

     This Prospectus Supplement dated as of August 9, 2002 supplements and
amends the Prospectus dated November 16, 2001 as follows and should be read in
connection with the Prospectus:

     The section entitled, "Selling Securityholders," beginning on page 30 of
the Prospectus is supplemented and amended to include the following additional
selling securityholders who have provided us with notice and the requisite
information as of August 8, 2002. To the extent that a selling securityholder
listed below is already named in the Prospectus or any previous Prospectus
Supplement, the information set forth below replaces that information.

<TABLE>
<CAPTION>
                                                                                                       Percentage of
                                   Aggregate Principal     Percentage of      Shares of Verizon           Verizon
                                  Amount at Maturity of        Notes           Communications          Communications
                                    Notes that May Be       Outstanding       Common Stock that         Common Stock
                                         Sold ($)                              May Be Sold (1)         Outstanding (2)

<S>                               <C>                     <C>                <C>                       <C>
Gulf International Bank UK LTD          20,000,000               *                 158,636                   *
NMS Services Cayman Inc.                 3,300,000               *                  26,174                   *
UBS Warburg LLC                          3,020,000               *                  23,954                   *
</TABLE>
_______________
*    Less than one percent (1%).
(1)  Assumes conversion of all of the notes at a conversion rate of 7.9318
     shares of the common stock of Verizon Communications per $1,000 principal
     amount at maturity of the notes. This conversion rate is subject to
     adjustment, however, as described under "Description of Notes and Support
     Obligations - Conversion Rights" in the Prospectus. As a result, the number
     of shares of the common stock of Verizon Communications issuable upon
     conversion of the notes may increase or decrease in the future.
(2)  Calculated based on Rule 13d-3(d)(i) of the Securities Exchange Act of
     1934, using 2,751,650,484 shares of common stock of Verizon Communications
     outstanding as of March 31, 2002. In calculating this amount for each
     selling securityholder, we treated as outstanding the number of shares of
     the common stock of Verizon Communications issuable upon conversion of all
     of the selling securityholder's notes, but we did not assume conversion of
     any other selling securityholder's notes.

</TEXT>
</DOCUMENT>
</SUBMISSION>
