Verizon and Corning sign fiber deal
Verizon has signed a multi-billion-dollar agreement with Corning for optical fiber supplies. The deal aims to accelerate broadband expansion and support growing AI infrastructure needs through 2032.
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VERIZON COMMUNICATIONS INC signed a multi-billion-dollar supply deal with CORNING INC on Tuesday morning to secure over 80 million miles of high-density optical fiber. The agreement spans from 2027 through 2032 to expand broadband access. The multi-year pact builds on a three-decade partnership between the two companies. It provides the low-latency network infrastructure required by AI hyperscalers.