Verizon raises earnings guidance and signs an AI infrastructure agreement worth over $2 billion
Verizon ($VZ) increased its full-year 2026 adjusted earnings forecast to $5.04–$5.06 per share after third-quarter 2026 adjusted EPS rose 8.3% to $1.31. Revenue increased 1.5% to $34.3 billion, while net income reached $5.3 billion. The company added 406,000 postpaid phone customers and now expects 1.1–1.2 million additions for the year, strengthening its outlook for the core wireless business. The telecom operator also signed an agreement valued at more than $2 billion with Amazon Web Services
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