Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS

What happened: Verizon raised its annual forecasts and signed an AI infrastructure deal with AWS worth more than $2 billion. Key numbers: Subscriber guidance raised to 1.1 million to 1.2 million postpaid phone adds this year, from 750,000 to 1 million. AWS deal valued at more than $2 billion. Why it matters: The higher subscriber outlook signals stronger expected customer growth, and the AWS agreement ties Verizon to AI infrastructure spending.

Verizon raised its annual forecasts and signed an AI infrastructure deal with AWS worth more than $2 billion.

The higher subscriber outlook signals stronger expected customer growth, and the AWS agreement ties Verizon to AI infrastructure spending.