Verizon (VZ) Signs $1B+ Google Deal for Dark Fiber Data Center Network

TLDR

• Verizon signed a deal with Google worth over $1 billion for dark fiber connectivity to Google’s data centers.
• The deal is part of Verizon’s push to build a standalone connectivity business for multinational clients.
• Verizon expects to announce more deals by year-end, with combined value of multiple billions in revenue over several years.
• The company remains on track to deliver at least $9 billion in operating expense and capex savings.
• Verizon’s consumer value proposition, launched mid-June, is performing beyond expectations.

Verizon (VZ) has signed a deal with Google (GOOGL) worth more than $1 billion, the company revealed on its second-quarter earnings call on Friday.

$GOOGL SIGNS $1 BILLION+ DATA CENTER FIBER DEAL WITH VERIZON

Verizon $VZ has secured a deal worth more than $1 billion to provide dark fiber connectivity for Google data centers.

Dark fiber gives Google dedicated network capacity that it can operate with its own equipment.… pic.twitter.com/gqYfnh9YGN

— Wall St Engine (@wallstengine) July 24, 2026

… Continue reading the full article at the original source below.