Verizon signs multibillion-dollar fiber supply deal with Corning for 2027-2032 buildout
Reuters2026/09/08 12:59Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Verizon signed a multi-year, multi-billion dollar supply agreement with Corning for 80+ million miles of high-density optical fiber.
- Deliveries run from 2027 to 2032, supporting fiber broadband expansion and long-haul backbone buildouts for AI data center connectivity.
- Deal underpins Verizon’s target of 40-50 million broadband passings, using a single converged architecture across mobile and fiber networks.
- Agreement supports Corning’s plan to scale U.S. manufacturing capacity to meet Verizon’s fiber deployment needs.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verizon Communications Inc. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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