VZ · News · 20260824N

Fiber Broadband Expansion

VERIZON COMMUNICATIONS INC · 2026-08-24 · Importance 31 · Surprise 42 · In source text

Verizon is discontinuing traditional copper-based home phone service on the Eastern Shore and in other parts of Virginia. Customers are being offered fiber or wireless internet-based alternatives, while copper service will remain for households without reliable internet or cellular coverage. The transition replaces Verizon's legacy copper network with newer services described as more reliable and less vulnerable to vandalism.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativecommitted—Verizon Communications Inc. is discontinuing traditional copper-based home phone service on the Eastern Shore and other parts of Virginia,…
operating_incomepositivecommitted—Verizon Communications Inc. is discontinuing traditional copper-based home phone service on the Eastern Shore and other parts of Virginia,…