Verizon signs $2B AWS dark fibre deal for AI workloads

Verizon has agreed a deal worth more than $2 billion to supply dark fibre infrastructure to AWS for distributed AI workloads. In Q3 the operator added 406,000 post-paid phone customers, up 820% year-on-year, with net income of $5.3 billion (+5.2%) on revenue of $34.3 billion.

• AWS dark fibre agreement valued at more than $2 billion
• 406,000 post-paid net additions in Q3, up 820% year-on-year
• Net income $5.3 billion (+5.2%), revenue $34.3 billion (+1.5%)
• Equipment sales fell 9% on lower upgrades and reduced subsidies