Verizon Communications announced a deal Tuesday that will further its commitments to growing its wireless broadband network nationwide, as the landscape for telecom companies only becomes more competitive and crowded.
The agreement calls for Corning, a New York-based manufacturer of materials primarily for industrial and scientific applications, to provide up to 12.4 million miles of optical fiber each year for Verizon to purchase starting in 2018 and lasting until 2020, with a minimum purchase commitment of $1.05 billion.
“This new architecture is designed to improve Verizon’s 4G LTE coverage, speed the deployment of 5G, and deliver high-speed…
