Verizon says it’s going to weigh all options, including its own builds or purchasing another regional provider to expand its fiber network, to satisfy various emerging wireless and wireline needs.
The service provider put a big bet on its fiber network earlier this week with a large purchase order with Corning, one that it says positions itself to satisfy multiple uses—wireless 5G, business, and FTTH broadband.
Matt Ellis, CFO of Verizon, told investors during its first quarter earnings call that as it moves forward with its One Fiber initiative, the service provider will require a new set of fiber network infrastructure.
