Filed by Verizon Communications Inc.
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: MCI, Inc.
Commission File No.: 001-10415
[Extract from a Presentation at the Verizon Labs Employee Town Meeting]
¨ Strategic Benefit
Drives Significant Operational Efficiencies while Creating Incremental Revenue Opportunities
Offers Next Generation, IP-based Product Suite to Serve a Powerful Enterprise Customer Base
Maintains Financial Flexibility and Future Stability for MCI
¨ MCIs Competitive Advantage
Expansive Global Network
Extensive IP-Centric Product Portfolio
Industry-leading Service Quality
Strong Customer Relationships and Experienced Sales Force
Strategic Benefit MCIs Competitive Advantage
For Verizon Internal Use Only Confidential -
6,600 local Points of Presence Serving 2/3 of the Top 100 MSAs 3.6 million DSL customers 9 million fiber miles 53 Million Access Lines S
Americas most reliable wireless network
Strong business presence Leading 3G network
43.8 million customers 269 million licensed PoPs
4,500 Points of Presence
Presence on 6 continents & in 140+ countries and over 2,800 cities
Telecom industrys most expansive global IP backbone w/ 3.2 million dial modems
100,000 mile fiber optic network
130 Data Centers
Connections to over 100,000 active buildings
Most scalable IP network
Tremendous Network Capabilities
For Verizon Internal Use Only Confidential -
In connection with the proposed acquisition of MCI, Verizon filed, with the SEC on April 12, 2005, a proxy statement and prospectus on Form S-4 that contain important information about the proposed acquisition. These materials are not yet final and will be amended. Investors are urged to read the proxy statement and prospectus filed, and any other relevant materials filed by Verizon or MCI because they contain, or will contain, important information about Verizon, MCI and the proposed acquisition. The preliminary materials filed on April 12, 2005, the definitive versions of these materials and other relevant materials (when they become available) and any other documents filed by Verizon or MCI with the SEC, may be obtained for free at the SECs website at www.sec.gov. Investors may also obtain free copies of these documents at www.verizon.com/investor, or by request to Verizon Communications Inc., Investor Relations, 1095 Avenue of the Americas, 36th Floor, New York, NY 10036. Free copies of MCIs filings are available at www.mci.com/about/investor_relations, or by request to MCI, Inc., Investor Relations, 22001 Loudoun County Parkway, Ashburn, VA 20147. Investors are urged to read the proxy statement and prospectus and the other relevant materials when such other materials become available before making any voting or investment decision with respect to the proposed acquisition.
Verizon, MCI, and their respective directors, executive officers, and other employees may be deemed to be participants in the solicitation of proxies from MCI shareowners with respect to the proposed transaction. Information about Verizons directors and executive officers is available in Verizons proxy statement for its 2005 annual meeting of shareholders, dated March 21, 2005. Information about MCIs directors and executive officers is available in MCIs proxy statement for its 2005 annual meeting of stockholders, dated April 20, 2005. Additional information about the interests of potential participants will be included in the registration statement and proxy statement and other materials filed with the SEC.
NOTE: This document 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: a significant change in the timing of, or the imposition of any government conditions to, the closing of the transaction, if consummated; actual and contingent liabilities; and the extent and timing of our ability to obtain revenue enhancements and cost savings following the transaction. Additional factors that may affect the future results of Verizon and MCI are set forth in their respective filings with the Securities and Exchange Commission, which are available at www.verizon.com/investor/ and www.mci.com/about/investor_relations/sec/.