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The Economic Times

Economy / The Economic Times

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Verizon raises profit outlook on $1-bn Google dark fiber deal

Verizon has sealed a major agreement with Google, focusing on dark fiber connectivity, with a staggering value exceeding one billion dollars dedicated to their data centers. This collaboration has prompted the telecom giant to increase its annual adjusted profit forecast significantly. Anticipation builds for additional multi-billion dollar contracts as they navigate this transformative phase under new leadership.

25 Jul 2026 12:52 am