Wire · technology
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS
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Fusion42 · 26 October 2026 · Fusion42 review
Verizon raised its annual wireless subscriber forecast and signed a $2 billion AI infrastructure deal with Amazon Web Services to provide fiber-optic connectivity supporting AI workloads. The deal highlights a new revenue stream for telecom operators by enabling faster data transfers for AI computing.
This Wire brief sits within Fusion42's coverage of Telecom & Connectivity, and 4 sources have reported it.
◆ ◆ The Wire takeaway
Verizon’s $2 billion AWS deal opens a new revenue route beyond wireless for US telecoms. If you supply fibre-optic or related tech, this increase in AI data traffic means new contracts are ready to be won.
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4 sources · 26 Oct 2026
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