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Verizon favors organic fiber builds for wireless, business service expansions

Verizon has embarked on a three-part strategy of leasing, acquiring and building out their own fiber routes, but the service provider says that building its own fiber is the best way to align new networks with its wireless and business services strategy.

In less than a year, the service provider not only purchased XO Communications and some of WOW!’s Chicago fiber assets, but also signed purchase agreements with Corning to deploy 12.5 million miles of fiber.

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