Thread regarding Verizon Communications Inc. layoffs

Verizon and Corning to deploy 80 million miles of fiber for broadband and AI

Verizon and Corning to deploy 80 million miles of fiber for broadband and AI

The Wall Street Journal by Connor Hart, September 8, 2026

Verizon and Corning reached a multibillion-dollar agreement to deploy more than 80 million miles of high-density optical fiber across the nation over the coming five years to help meet surging demand for consumer broadband and converged services.

By expanding this critical interconnectivity, Verizon said it is cementing its position as a premier infrastructure partner for the world’s leading AI hyperscalers. “Securing this volume of fiber allows us to continue building the network of the future at an unprecedented scale,” said Kyle Malady, CEO of Verizon Business.

Also reported by Barron’s, CNBC and Reuters


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Post ID: @OP+1m23p0960

3 replies (most recent on top)

Here's to hoping that none of the union twats get any of this work. Losers, all if them

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Post ID: @k5+1m23p0960

unfortunately they unloaded new fiber build outs to 3 rd party. Not sure how this breaks down or what the hedge funds actually control. Whatevers goin on im sure the hedgies (party responsible for vz new fiber build outs) are also heavily invested in corning. Heres are guys https://www.baincapital.com/news/bain-capital-and-tillman-global-holdings-announce-15-billion-investment-eaton-fiber-power

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Post ID: @e7+1m23p0960

https://www.wsj.com/business/telecom/verizon-corning-reach-multi-billion-dollar-agreement-for-broadband-expansion-159ed479

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Post ID: @d8+1m23p0960

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