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Verizon Supports Efforts To Create New Online-Privacy Policy Framework

Stocks in this article: VZ

WASHINGTON, Feb. 23, 2012 /PRNewswire/ --  The Obama administration announced on Thursday ( Feb. 23) a Consumer Privacy Bill of Rights as part of a comprehensive framework to enhance consumers' privacy online, and to ensure that the Internet ecosystem remains innovative and a sector for economic growth. The following statement should be attributed to Kathryn C. Brown, Verizon senior vice president for public policy development and corporate responsibility:

"Verizon commends the administration's leadership in developing a new policy framework for consumer privacy in the Internet age. 

"The online privacy policy report and consumer bill of rights that the White House released today are important first steps toward defining the right policy structure for privacy online.  While we have not yet reviewed the report in detail, we believe the structure it outlines will help consumers navigate this new world with a clear, uniform set of policies that apply to all players in the Internet ecosystem.   

"We also are pleased to hear that the administration's policy framework and process are dependent on industry involvement. The bottom-up, multi-stakeholder model the administration has endorsed to address specific privacy issues should help create a framework that is nimble enough to keep pace with the speed of innovation and changes in technology and to meet consumers' evolving needs and preferences. 

"Verizon will continue to work through multi-stakeholder processes to develop these principles into practices, and we welcome the administration's ongoing engagement on this issue. We believe industry must step forward to develop these principles into company practices, and we are committed to providing the necessary support and leadership to make this happen."

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 109 million total connections 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 nearly 194,000.  For more information, visit www.verizon.com .

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at www.verizon.com/news .  To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.

SOURCE Verizon

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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