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Verizon secures 80 million miles of fiber supply from Corning through 2032 to boost broadband and AI infrastructure.

Market News
08 Sep 2026
24/7 Wall Street
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Bullish
Verizon secures 80 million miles of fiber supply from Corning through 2032 to boost broadband and AI infrastructure.

Verizon has committed to purchasing 80 million miles of high-density optical fiber from Corning under a multi-billion dollar deal spanning 2027 to 2032. This agreement supports Verizon's goal to expand its fiber network to 40-50 million passings, covering consumer broadband and AI data center infrastructure. The deal ensures supply stability amid growing demand, aligning with Verizon's recent strong operational results and growth in fiber broadband connections. Investors await further details on AI infrastructure revenue expected within six months.

More News (VZ)

Verizon and Ericsson complete first 7 GHz pre-standard 6G call in real-world test.

Verizon and Ericsson complete first 7 GHz pre-standard 6G call in real-world test.

Verizon and Ericsson have successfully completed the first pre-standard 6G call using the 7 GHz band at a Verizon commercial site in Concord, California. This milestone moves 6G technology from lab testing into real-world environments, assessing outd...

Market News
Bullish
18 hours ago
Verizon adds free safety tools, AI perks, and loyalty rewards to enhance customer value.

Verizon adds free safety tools, AI perks, and loyalty rewards to enhance customer value.

Verizon is enhancing its customer offerings by including free safety tools like Verizon Digital Secure, Family with Safe Walk, and Call Filter to protect users and their families. Eligible subscribers also get six months of Google AI Pro to boost pro...

Market News
Bullish
1 day ago
Five large-cap stocks yield 5%+, with Verizon and Altria showing strong dividend growth and coverage.

Five large-cap stocks yield 5%+, with Verizon and Altria showing strong dividend growth and coverage.

Five large-cap dividend stocks—Altria, Verizon, Enbridge, Pfizer, and AT&T—offer yields around or above 5%, with four yielding over 6% due to recent price drops. Verizon and Altria stand out for their strong dividend growth and solid payout coverage,...

Company Fundamentals
Neutral
1 day ago
Telecom stocks yield 4.5%-6.1%, with Verizon showing strong dividend safety and growth potential.

Telecom stocks yield 4.5%-6.1%, with Verizon showing strong dividend safety and growth potential.

After a sharp selloff, telecom stocks Verizon, AT&T, and BCE now offer attractive dividend yields between 4.5% and 6.1%. Verizon leads with a 6.12% yield backed by two decades of dividend increases and solid free cash flow coverage, despite some reve...

Market News
Bullish
2 days ago
SpaceX's satellite cell tower plan faces major hurdles; analysts rate it a strong sell due to risks and unproven model.

SpaceX's satellite cell tower plan faces major hurdles; analysts rate it a strong sell due to risks and unproven model.

SpaceX plans to replace terrestrial cell towers with satellite-linked femtocells, but analysts highlight significant technical, economic, and regulatory challenges, especially in cities. Some aspects of the plan are seen as unrealistic, leading to a ...

Analyst Insights
Bearish
3 days ago
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