Verizon Raises 2026 Outlook Following Strong Subscriber Growth and $2B AWS AI Agreement
Verizon Communications (VZ) reported third-quarter revenue and adjusted earnings that fell short of analyst expectations. Despite the miss, the telecommunications giant saw robust postpaid subscriber additions and improved margins, which prompted management to raise its full-year 2026 guidance for the third consecutive quarter. In a significant strategic move, Verizon announced a $2 billion deal with Amazon Web Services (AWS) to integrate artificial intelligence into its operations. This partnership is expected to enhance network efficiency and customer service capabilities through advanced AI implementation.
Tickers: $VZ
Topics: earnings miss guidance increase revenue report subscriber growth
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Part of the story Verizon Raises Annual Subscriber Forecasts and Secures $2 Billion AI Infrastructure Deal with AWS (3 articles)