Verizon Communications Inc. is ramping up its efforts in fiber expansion with a goal of adding 650,000 new connections by 2025, bolstered by partnerships with Eaton Fiber and AWS to enhance high-capacity networks. Following its acquisition of Frontier, Verizon expects to exceed 1 million annual fiber connections and aims for a combined infrastructure of 35-40 million passings. Despite reporting revenues of $33.82 billion, up only 1.5% year-over-year but falling short of analyst expectations, Verizon's stock has gained 2.8% since the earnings announcement and remains a strong dividend contender with a 19-year history of increased payouts.
“Verizon Communications Inc. (VZ) · is strengthening its focus on · fiber · to expand high-speed Internet access for homes, businesses and enterprises”
“Verizon · partnered with · Eaton Fiber · to fund and build high-capacity fiber networks”
“Verizon · is expanding · its enterprise fiber network · through a partnership with AWS”
“Verizon · aims for · 650,000 new fiber connections · in 2025”
“Verizon · expects to surpass · 1 million · annual connections after acquiring Frontier”
“Verizon · aims to grow its combined fiber network with Frontier to · 35-40 million passings”
“Verizon · reported · 61,000 Fios Internet net additions · in the third quarter of 2025”
“Verizon · gained · 1.7% · over the past year”
“Verizon · currently carries · a Zacks Rank #3 · (Hold)”
“Verizon · reported revenues · $33.82 billion · up 1.5% year on year”
“Verizon · fell short of analysts’ expectations · 1.2% · null”
“Verizon · reported revenues of · $33.82 billion · up 1.5% year on year”
