Thread regarding Verizon Communications Inc. layoffs

AT&T heard Verizon was dumping wireless for fiber

Now that Verizon is no longer trying to compete in the wireless business, competition is heating up in the fiber business. Are we ready or will there be more layoffs from this?

September 8, 2026 11:11 AM EDT
Verizon signs optical fiber deal with Corning to expand broadband
https://www.reuters.com/business/media-telecom/verizon-signs-optical-fiber-deal-with-corning-expand-broadband-support-ai-growth-2026-09-08/

September 29, 2026 9:30 AM EDT
AT&T signs over $3 billion fiber deal with Corning as data demand surges
https://www.reuters.com/business/media-telecom/att-signs-over-3-billion-fiber-deal-with-corning-data-demand-surges-2026-09-29/


by
| 252 views | | 13 replies (last September 30) | Reply
Post ID: @OP+1m3qd034h

13 replies (most recent on top)

@ak Fake news? More like silent news. I'm not seeing Verizon's name in the news associated with new 5G improvements and expansion. Probably the the last thing was the $3.16 billion spectrum purchase in June.

Maybe they don't consider it an improvement if it only raises Verizon to the same level everyone else has been at for years.

by
| | Reply
Post ID: @e8+1m3qd034h

@OP Big, if true.

by
| | Reply
Post ID: @e7+1m3qd034h

Letting wireless slide, on a AI pipe dream, is going to be a monumental mistake, however not the first for Danny boy.
THIS is the end of Verizon... not immediate, but in a couple of years.

by
| | Reply
Post ID: @bp+1m3qd034h

@az It a weakness. Low tolerance for stupid people who suggest lies with no facts to back them up. Their numbers grew substantially after hair dryers came with a warning to not use them in the shower. I'm sure that's just a coincidence though. Gotta love those Darwin award nominees.

by
| | Reply
Post ID: @b1+1m3qd034h

@aa really something how wound up you are! 10/26

by
| | Reply
Post ID: @az+1m3qd034h

Considering billions in Spectrum, Mobile highest ARPU product .. Fake news

by
| | Reply
Post ID: @ak+1m3qd034h

@ad Wait a minute. Dan's whole mission is to delight wireless customers so they will sign up and pay Verizon with their hard earned money every month. The money will go directly towards wireless improvements.

What? No? That goes to AI as well?

Oh well, I give up. Wireless is DOA.

Good luck everyone. See you in the soup line.

by
| | Reply
Post ID: @af+1m3qd034h

Verizon expects total capital expenditures of $16.0 billion to $16.5 billion for 2026 to fund network, fiber, and 5G infrastructure.

Just answer this question. How much went to 5G infrastructure to make it better?

by
| | Reply
Post ID: @ac+1m3qd034h

@a5 Really? What are we doing with wireless? The question keeps getting asked but no real answers are given.

No need to post the names because it's been well covered but in the last few weeks competitors have been beating us on speed, reliability, adding features, getting AI to reliability manage their networks to improve up time, reroute heavy traffic, dispatch techs to repair issue before they before bigger issues. I could go on but it is all published and easily found and has been mentioned here over and over again. Did I mention being able to translate phone calls in real time from 80 different languages? Beam me up baby!!

Basically everything I have heard we are working on they have now done. And I can search my email again but there isn't anything saying we are adding cr-p. Nothing reported in the public arena either.

Development and growth is all happening with fiber and data centers being set up in old what? Wireless offices that are now empty.

Adding more data and fiber to switches for wireless?? Nope, for AI.

70 million to increase 5G range like T-M?

Nope it is for training the US public for free on how to find a career in the wireless industry.

Oh my goodness. How embarrassing. It's not for wireless. It's for getting a job in the AI industry.

So please tell us how wireless isn't dead. This is the good news we have been asking for but didn't know you had the answer.

by
| | Reply
Post ID: @aa+1m3qd034h

@a3 "wireless is dead" is on par with "Hans is a great leader" 🙄

by
| | Reply
Post ID: @a5+1m3qd034h

Yup, wireless is dead and buried now for sure. Let T-M sell that old stuff.

by
| | Reply
Post ID: @a3+1m3qd034h

@OP Looks like great news for employees. We got there first. When will the rehiring begin? 🤑 💵 💰

Verizon makes a huge fiber deal and AT&T says "Hold my beer"

The AT&T-Corning fiber deal validates Verizon’s prior agreement, confirming a fierce industry-wide infrastructure "supercycle" driven by soaring data and AI demands.

Confirms Supply Scarcity: Verizon locked in its deal first in September 2026 for 80 million miles of fiber (2027–2032), meaning AT&T's subsequent $3 billion commitment proves optical fiber is a constrained, high-demand strategic resource.

Validates Pricing Power: Corning’s back-to-back mega-deals give the manufacturer immense pricing leverage and guaranteed volume, ensuring their U.S. factories scale up production capacity beneficial to all contracted tier-1 carriers.

Raises Competitive Stakes: Both major telecom competitors are aggressively hardening networks for multi-terabyte household consumption and AI data corridors, leaving little room for laggards in broadband rollout.

by
| | Reply
Post ID: @a2+1m3qd034h

Post a reply

: