e-Cycle to Assist Verizon Customers in Recycling Efforts

NEW YORK –  Verizon Encourages Recycling and Offers Partner Businesses a Way to Help Their Customers Do It Verizon Wholesale Partners Have Option to Offer Cash or Credit for Old Wireless Equipment.Verizon is presenting an attractive wireless device recycling program to its wholesale customers so their end users can trade old wireless devices and peripherals for cash, credit on new equipment or services, or a donation to the charity of their choice. Under the program, carriers that resell Verizon services can offer recycling of wireless phones and other mobile devices and accessories to their retail customers who also purchase wireless services from them.

The simple, free program is offered by e-Cycle, an award-winning recycling firm, in cooperation with Verizon Partner Solutions, the wholesale arm of Verizon that services carrier customers. For end-user businesses of all sizes, the program offers a comprehensive solution that provides data security, wireless asset recovery and reuse, environmentally compliant recycling, logistics management, and inventory and appraisal. Under the program, clients are compensated for wireless equipment that can be resold, and all other devices and accessories are sent to an EPA-certified recycling facility in the U.S. “Old handsets and smart phones are not always worthless,” said Quintin Lew, senior vice president of marketing for Verizon Partner Solutions.

“Under this program, clients of our wholesale customers can get cash or credit back which can be used to subsidize discounts on new gear.” “This helps keep hardware out of the landfill and turns it into a customer benefit,” he said. The program is available to Verizon Partner Solutions customers that sell Verizon’s Mobility Solutions. These carriers can choose whether to return the value to their customers as cash that they can use to buy new wireless devices, as discounts on new wireless service plans, or as gifts to the charity of the customer’s choice. Verizon warns that wireless devices that are about to be discarded should not be viewed as scrap; they may contain data and applications that should remain confidential. Under the recycling program, corporate and personal data are secured on all wireless devices that are turned in.

Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 89 million customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers innovative, seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of more than 230,000 and last year generated consolidated revenues of more than $97 billion. For more information, click here

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Jim Smith

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james.albert.smith@verizon.com