Verizon: 3 Key Takeaways for Long-Term Investors
Verizon reported strong Q3 2026 results with 406,000 net postpaid phone subscriber additions while reducing acquisition costs by 41% year-over-year. The company secured $4 billion in infrastructure contracts with cloud providers, including a $2 billion dark fiber agreement with Amazon Web Services. Verizon is deploying millimeter wave spectrum to offer 1-gigabit Fixed Wireless Access broadband in metro areas, enabling high-speed coverage expansion without expensive fiber infrastructure costs.