From The Next Web · Alina Maria Stan · · 1m
Verizon raises 2026 forecast after strong quarter and AWS deal
Verizon beat subscriber expectations and signed a $2bn AI deal with AWS, prompting the company to raise its full-year forecast.
In brief
Verizon beat subscriber expectations and signed a $2bn AI deal with AWS, prompting the company to raise its full-year forecast. Verizon raised its 2026 forecast after adding 406,000 postpaid phone subscribers in three months and signing a $2bn AI deal with AWS. Originally reported by The Next Web.
Verizon beats subscriber targets
In the three months to September, Verizon added 406,000 postpaid phone subscribers. Analysts had expected about 209,000, according to Reuters citing Visible Alpha data.
Two billion dollar AWS AI partnership
Verizon announced a deal worth more than $2bn with Amazon Web Services to support AI workloads. Verizon will provide high-capacity network connections and help add computing power across many sites.
Verizon raises full-year guidance
Verizon now expects 1.1 million to 1.2 million new postpaid phone customers this year, up from its previous target of the top half of 750,000 to 1 million.
“We are continuing to raise the bar, and we are only one year into a multi-year growth story.”
The key point
Verizon raised its 2026 forecast after adding 406,000 postpaid phone subscribers in three months and signing a $2bn AI deal with AWS.
