Verizon’s AI Fiber Deal Could Be Game-Changer | Business and Finance News

Verizon just landed a $1 billion deal with Google to supply dark fiber for AI-powered data centers, signaling a major shift in its growth strategy. This isn’t a fluke—CEO hinted at more multi-billion deals on the horizon, fueling a new revenue stream in Verizon’s historically quiet business segment. While the deal is small in scale for the telecom giant, it’s a game-changer for long-term fiber growth. Financials are strong: free cash flow is up, dividends are well-covered, and subscriber growth hit a five-year high. Despite a slight revenue dip from fewer equipment sales, this AI infrastructure play could transform Verizon from a steady dividend payer into a dynamic growth story. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/90ac53b848440263