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Verizon, Corning agree to $1.05 bln fiber deal

April 19, 2017

NEW YORK, April 18- Verizon Communications Inc has agreed to buy optical fiber from Corning Inc for at least $1.05 billion over the next three years as the No. 1 U.S. wireless carrier aims to improve its network infrastructure, the companies said on Tuesday. Corning will sell up to 12.4 million miles of optical fiber to Verizon each year from 2018 through 2020, with a...

Source: http://www.cnbc.com/2017/04/18/reuters-america-verizon-corning-agree-to-105-bln-fiber-deal.html
 
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