-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MoMaC1RqXUX0quNwxvee+uKyKWWhT7bxzZ1rsZ8LAyIRATCKEGmGnw2tn2L9E66U
 9awjAtyOsnMuAkExBBN4YQ==

<SEC-DOCUMENT>0000950134-02-011940.txt : 20020930
<SEC-HEADER>0000950134-02-011940.hdr.sgml : 20020930
<ACCEPTANCE-DATETIME>20020930172345
ACCESSION NUMBER:		0000950134-02-011940
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020930
ITEM INFORMATION:		
FILED AS OF DATE:		20020930

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VERIZON COMMUNICATIONS INC
		CENTRAL INDEX KEY:			0000732712
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				232259884
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08606
		FILM NUMBER:		02777236

	BUSINESS ADDRESS:	
		STREET 1:		1095 AVE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		2123952121

	MAIL ADDRESS:	
		STREET 1:		1717 ARCH ST 47TH FL
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BELL ATLANTIC CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d00120e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Verizon Communications Inc.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<HR size="4" noshade color="#000000" style="margin-top: -5px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">




<P align="center"><FONT size="4"><b>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</b></FONT>


<DIV align="center"><FONT size="3"><b>Washington, D.C. 20549</b></FONT></DIV>


<P align="center"><FONT size="5">FORM 8-K</FONT>


<P align="center"><FONT size="5">CURRENT REPORT</FONT>


<P align="center"><FONT size="2">Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
</FONT>
<P align="center"><FONT size="2">Date of Report: September&nbsp;30, 2002<BR>
(Date of earliest event reported)
</FONT>
<P align="center"><FONT size="6">
VERIZON COMMUNICATIONS INC.</FONT>


<DIV align="center"><FONT size="2">
<i>(Exact name of registrant as specified in its charter)</i></FONT></DIV>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="34%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">Delaware<BR>
<I>(State or other jurisdiction of incorporation)</I></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
1-8606<BR>
<I>(Commission File Number)</I>
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">23-2259884<BR>
<I>(I.R.S. Employer Identification No.)</I></FONT></TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="30%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
        <TD width="44%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="left" valign="top"><FONT size="2">1095 Avenue of the Americas,<BR>
New York, New York<BR>
<CENTER><I>(Address of principal executive offices)</I></CENTER></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
10036<BR>
<I>(Zip Code)</I></FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">Registrant&#146;s telephone number, including area code: (212)&nbsp;395-2121
</FONT>
<P align="center"><FONT size="2">Not applicable<BR>
<I>(Former name or former address, if changed since last report)</I>
</FONT>
<P>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">







<P align="center"><FONT size="2">
&nbsp;</FONT>
<!-- PAGEBREAK -->
<P><HR noshade><P>

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD></TD><TD colspan="8"><A HREF="#000">Item&nbsp;9. Regulation&nbsp;FD Disclosure.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">SIGNATURE</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>


<!-- link2 "Item&nbsp;9. Regulation&nbsp;FD Disclosure." -->
<DIV align="left"><A NAME="000"></A></DIV>

<!-- link1 "SIGNATURE" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P><FONT size="2">Item&nbsp;9. Regulation&nbsp;FD Disclosure.
</FONT>
<P><FONT size="2">
On September 30, 2002 at a meeting with fixed income investors, Doreen A. Toben,
Executive Vice President and Chief Financial Officer of Verizon Communications
Inc. is providing an update on the company's continued progress in reducing its
debt levels. The company estimates that its total debt at the close of the third
quarter 2002 will be approximately $57 billion, and net debt (including cash)
of approximately $53 billion, with commercial paper balances below $4 billion.
The company further estimates total debt at year-end of $56 billion-$57 billion,
producing a debt/EBITDA ratio of 1.9 on an estimated adjusted EBITDA base of
over $29 billion. The company also estimates that it will generate $3 billion-$4
billion in free cash flow from operations during 2002 based upon $20 billion-$21
billion cash from operations less capital expenditures of $13
billion-$13.5 billion and dividends of approximately $4.2 billion.
</FONT>
<P align="center"><FONT size="2">Cautionary Statement Concerning Forward-Looking Statements
</FONT>
<P><FONT size="2">This Current Report on Form&nbsp;8-K contains statements about expected future
events and financial results that are forward-looking and subject to risks and
uncertainties. For those statements, we claim the protection of the safe
harbor for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995. The following important factors could affect
future results and could cause those results to differ materially from those
expressed in the forward-looking statements: the duration and extent of the
current economic downturn; materially adverse changes in economic conditions in
the markets served by us or by companies in which we have substantial
investments; material changes in available technology; technology substitution;
an adverse change in the ratings afforded our debt securities by nationally
accredited ratings organizations; the final results of federal and state
regulatory proceedings concerning our provision of retail and wholesale
services and judicial review of those results; the effects of competition in
our markets; our ability to satisfy regulatory merger conditions and obtain
combined company revenue enhancements and cost savings; the ability of Verizon
Wireless to achieve revenue enhancements and cost savings, and obtain
sufficient spectrum resources; the outcome of litigation concerning the FCC
NextWave spectrum auction; our ability to recover insurance proceeds relating
to equipment losses and other adverse financial impacts resulting from the
terrorist attacks on Sept. 11, 2001; and changes in our accounting assumptions
that regulatory agencies, including the SEC, may require or that result from
changes in the accounting rules or their application, which could result in an
impact on earnings.
</FONT>
<P align="center"><FONT size="2">SIGNATURE
</FONT>
<P><FONT size="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="5%">&nbsp;</TD>
        <TD width="20%">&nbsp;</TD>
        <TD width="45%">&nbsp;</TD>
        <TD width="55%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
Verizon Communications Inc.</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<HR size="1" noshade></FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
(Registrant)</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD align="left" valign="top"><FONT size="2">Date: </FONT></TD>
        <TD align="center"><FONT size="2">September&nbsp;30, 2002</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
/s/ John F. Killian</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2"><HR size="1" noshade width="90%"></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<HR size="1" noshade></FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
John F. Killian<BR>
Senior Vice President and Controller</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">&nbsp;</FONT>




</BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
