Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
On September 8, Verizon announced a multi-billion-dollar agreement with Corning to supply high-density optical fiber for expanding broadband and supporting AI growth. The long-standing partnership between the two companies, spanning three decades, will see Corning provide over 80 million miles of fiber and connectivity solutions from 2027 to 2032.
Verizon claims this deployment will accelerate internet access for residences and enterprises, while also bolstering the high-speed, low-latency network infrastructure essential for AI hyperscalers. Financial details of the deal remain undisclosed.
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