Verizon raised its forecasts for 2026 on Monday after a strong quarter for new phone customers. It also announced a deal worth more than $2bn with Amazon Web Services (AWS) to support AI workloads.
Under the AWS agreement, Verizon will provide high-capacity network connections and help add computing power spread across many sites. The deal is aimed at generative and agentic AI, which can carry out tasks on its own.
The deal follows a Verizon agreement in July worth more than $1bn to connect Google’s data centres over unused fibre.
In the three months to September, Verizon added 406,000 postpaid phone subscribers, people who pay a bill each month. Analysts had expected about 209,000, according to Reuters, citing Visible Alpha data.
As a result, Verizon now expects 1.1 million to 1.2 million new postpaid phone customers this year. Before, it had aimed for the top half of a range from 750,000 to 1 million.
The company also lifted its adjusted earnings…
https://thenextweb.com/news/verizon-aws-ai-deal-2026-forecast
