VZ · Earnings call · 2026Q3T · Full report
Supply Chain Commitments
VERIZON COMMUNICATIONS INC · 2026-10-26 · Importance 52 · Surprise 42 · In source text
Verizon announced a multiyear, multibillion-dollar agreement with Corning for more than 80 million miles of fiber through 2032. Management said the supply will support both fiber broadband expansion and the long-haul backbone required by AI hyperscalers. It also said Verizon had secured the fiber needed to fulfill its connectivity agreements.
Key facts
- Verizon agreed to obtain more than 80 million miles of fiber from Corning through 2032 under a multi-year, multi-billion-dollar agreement.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Verizon agreed to obtain more than 80 million miles of fiber from Corning through 2032 under a multi-year, multi-billion-dollar agreement. |