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Verizon commits to USD 1 bln in fibre purchases at Corning

Wednesday 19 April 2017 | 11:25 CET | News
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Verizon Communications announced a three-year minimum purchase agreement with Corning concerning the provision of fibre-optic cable and associated hardware. This will help Verizon ensure critical coverage and capacity for its nationwide wireless broadband network. The agreement calls for Corning to provide and Verizon to purchase up to 20 million kilometres (12.4 million miles) of optical fibre each year from 2018 through 2020, with a minimum purchase commitment of USD 1.05 billion.

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Categories: Fixed
Companies: Corning / Verizon Communications
Countries: United States
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