Verizon raises profit outlook on $1-bn Google dark fiber deal
- Posted on July 24, 2026
- By Business News Today
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- 1 min read
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Verizon raises profit outlook on $1-bn Google dark fiber deal
Verizon has sealed a major agreement with Google, focusing on dark fiber connectivity, with a staggering value exceeding one billion dollars dedicated to their data centers. This collaboration has prompted the telecom giant to increase its annual adjusted profit forecast significantly. Anticipation builds for additional multi-billion dollar contracts as they navigate this transformative phase under new leadership.