Verizon raises forecasts and signs major AWS deal
Verizon raised its annual forecast for wireless subscriber additions and profit while signing a two billion dollar AI infrastructure agreement with Amazon Web Services. The telecom carrier reported strong third quarter subscriber gains despite missing revenue estimates.
Xurve View
Insights:
Xurve View
VERIZON COMMUNICATIONS INC raised its annual forecast for wireless subscriber additions on Monday morning after signing an AI infrastructure deal worth more than $2 billion with AMAZON.COM INC's cloud unit.
