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To: Teri Garner who wrote (15452)	9/11/2001 1:54:08 AM
From: 2MAR$	Read Replies (1) \| Respond to of 208838

Verizon exec says number of phone lines dropping WASHINGTON, Sept 11 (Reuters) - The co-chief executive of Verizon Communications Inc. <VZ.N> says his firm for the first time is seeing a drop in the number of telephone lines connected to homes and businesses, The Washington Post reported on Tuesday. Ivan Seidenberg said in an interview with the Post that the drop was was due to a shift to cellular phones or high-speed Internet connections. The drop-off accelerated in the past two months as businesses reconsidered expansion, he said. Overall, Verizon projects revenue to grow by 5 percent this year, to $68 billion from $64.7 billion. Verizon serves 13 states and the District of Columbia. ((washington.newsroom@reuters.com)) REUTERS * end of story *