Verizon and Corning Announce Multi-year, Multi-billion Dollar Supply Agreement for Broadband Expansion and Next-Gen AI Infrastructure

To meet surging demand for consumer broadband and converged services alongside emerging AI needs, Verizon and Corning have reached a multi-billion dollar agreement for 80+ million miles of high-density optical fiber and connectivity solutions from 2027 to 2032. The multi-use fiber deployment will accelerate broadband expansion for homes and businesses while building the national long-haul backbone required by 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. "We are deploying a single, converged architecture that unites mobile connectivity and broadband into one seamless experience for millions of families and businesses, while simultaneously building the high-capacity, low-latency backbone AI hyperscalers demand. With Corning as our partner, we are securing the physical foundation of America's AI economy."

Unlocking Mobile and Broadband Convergence

This fiber supply accelerates Verizon's push toward 40-50 million broadband passings. Expanding fiber-to-the-home and local business connectivity ensures communities across the nation gain access to ultra-fast, reliable internet, and the power to choose how they connect. Cell towers, enterprise data centers, and residential neighborhoods will connect to the exact same high-capacity backbone. For customers, this converged architecture delivers a frictionless digital experience—ensuring continuous, seamless connectivity whether they are at home or on the move.

Building the Backbone for the AI Era

Beyond enabling convergence, this multi-use fiber foundation serves as the physical engine for the AI era. Because heavy AI workloads demand near-zero latency and massive throughput, high-density fiber is essential to support the ever-growing scale of large language models (LLMs). Through Verizon's AI Connect strategy, the company is deploying ultra-dense cables across major long-haul corridors to directly connect data centers. By expanding this critical interconnectivity, Verizon cements its position as the premier infrastructure partner for the world's leading AI hyperscalers, such as Amazon Web Services (AWS). Importantly, these fiber networks also help ensure that AI's benefits can reach consumers, businesses, schools, and communities. Verizon's single, multi-use architecture addresses this need, seamlessly connecting customers, while advancing the national backbone of technology.

Fueled by 30 Years of Partnership with Corning

An undertaking of this magnitude requires absolute supply chain certainty. To power this buildout, Verizon is deepening its 30-year strategic partnership with Corning, the worldwide leading innovator and manufacturer of advanced glass and fiber optic technology.

The agreement is designed to enable Corning to continue to scale its U.S. manufacturing footprint to help ensure Verizon has the physical materials needed to execute its convergence strategy and expand its long-haul AI corridors. These include Corning® Contour™ Flow Cable, which enables Verizon to deploy significantly more optical fiber within conduit pathways. The flexible ribbon cable maximizes the value of Verizon's infrastructure investments while substantially increasing network capacity and bandwidth.

"Corning is thrilled to deepen our three-decade partnership with Verizon as we provide our latest optical innovations in fiber, cable, and connectivity to link AI data centers together while ensuring more Americans have access to AI with high-speed fiber connections at home," said Mike O'Day, Senior Vice President and General Manager, Corning Optical Communications. "This partnership demonstrates that Gen AI and broadband expansion are part of the same transformative opportunity. Corning is proud to build on our 175-year legacy of supporting our customers' growth with breakthrough innovations that we manufacture at scale here in the United States."

By merging local broadband access, mobile connectivity, and long-haul AI infrastructure onto a single high-capacity grid, Verizon reaffirms its role as the physical foundation of modern society—proving once again that when the world demands next-generation connectivity, Verizon builds the network.

This announcement was originally published by Verizon. Read the original press release.

Media contact
Sarah Heinz
(347) 931-6300
sarah.heinz@Verizon.com

Gabrielle Bailey
VP, Corporate Communications
BaileyGR@corning.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

VZ
The Conversation (0)
Red Mountain Mining

Acquisition of “Thompson Falls” High-Grade Antimony Project Adjacent to America’s only Antimony Smelter

Red Mountain Mining Limited (ASX: RMX, US CODE: RMXFF, or “Company”), a Critical Minerals exploration and development company with an established portfolio in Tier-1 Mining Districts in the United States and Australia, is pleased to announce the Company’s newly-acquired Thompson Falls Antimony... Keep Reading...
international-lithium-tsxv-ilc

International Lithium Announces Private Placement

International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC"), is pleased to announce a non-brokered private placement (the "Offering") of up to 40,000,000 units (each, a "Unit") at CAD $0.05 per Unit to raise gross proceeds of up to $2,000,000. Each Unit will be... Keep Reading...
Brunswick Exploration Announces the Discovery Spodumene-Bearing Pegmatite at the Elrond Project

Brunswick Exploration Announces the Discovery Spodumene-Bearing Pegmatite at the Elrond Project

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to announce that, following the restart of prospecting across its portfolio in the Eeyou-Istchee James Bay region of Quebec, it has uncovered a new, undocumented spodumene-bearing pegmatite at the Elrond... Keep Reading...
Energy Fuels

Energy Fuels Announces Election of Directors - May 27, 2023

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company"), a leading U.S.-based critical minerals company, announces the results of the election of directors at its annual meeting of shareholders (the "Meeting") held virtually on May 25, 2023.The ten (10) nominees... Keep Reading...
ChemX Materials Limited

ChemX Drill Results Confirm Significant REE Prospect

ChemX Materials Ltd (ASX:CMX) (ChemX or the Company), a materials technology company focused on providing critical materials required for electrification and decarbonisation, is pleased to announce the Rare Earth Elements (REE) results from the 2022 aircore drilling campaign at its Kimba... Keep Reading...

Interactive Chart

Latest Press Releases

Related News