Verizon signs new fibre supply deal

Verizon and Corning recently agreed a multi-billion dollar fibre supply deal covering more than 80 million miles of high-density optical fibre and connectivity products. The timeline of this agreement is set to run from 2027 to 2032. The companies stated the agreement is designed to support surging demand for consumer broadband and converged services, alongside growing infrastructure needs from AI hyperscalers.