Exhibit 99.2
Consent of Evercore Group L.L.C.
June 2, 2017
The Board of Directors of
Straight Path Communications Inc.
5300 Hickory Park Drive, Suite 218
Glen Allen, VA 23059
Members of the Board of Directors:
We hereby consent to the inclusion of our opinion letter, dated May 11, 2017, to the Board of Directors of Straight Path Communications Inc. (“Straight Path”) as Annex C to, and the references thereto under the captions “Summary – Recommendation of the Straight Path Board; Straight Path’s Reasons for the Merger”, “Summary – Opinion of Straight Path’s Financial Advisor”, “Information About the Special Meeting – Recommendation of the Straight Path Board”, “The Merger – Background of the Merger”, “The Merger – Recommendation of the Straight Path Board; Straight Path’s Reasons for the Merger” and “Opinion of Straight Path’s Financial Advisor” in, the proxy statement/prospectus included in the Registration Statement onForm S-4 filed by Verizon Communications Inc. (“Verizon”) with the U.S. Securities and Exchange Commission (the “SEC”) on June 2, 2017 (the “Registration Statement”) and relating to the proposed merger involving Straight Path and Verizon. Notwithstanding the foregoing, it is understood that our consent is being delivered solely in connection with the filing of the Registration Statement and that our opinion letter is not to be used, circulated, quoted or otherwise referred to for any other purpose, nor is it to be filed with, included in or referred to in whole or in part in any registration statement (including any subsequent amendments to the Registration Statement), proxy statement/prospectus or any other document, except in accordance with our prior written consent. By giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the SEC thereunder, nor do we admit that we are experts with respect to any part of such Registration Statement within the meaning of the term “expert” as used in the Securities Act of 1933, as amended, or the rules and regulations of the SEC thereunder.
Very truly yours,
EVERCORE GROUP L.L.C. | ||
By: | /s/ Justin A. Singh | |
Name: | Justin A. Singh | |
Title: | Managing Director |