Verizon has signed an AI infrastructure agreement with Google worth more than $1 billion, according to multiple reports. Verizon CEO Dan Schulman says the deal involves Verizon “dark fiber,” which Verizon makes available for use, and that this fiber will be used to connect Google’s data centers. The announcement comes as demand for AI-related infrastructure increases and as carriers seek large connectivity contracts to support data center expansion.
During Verizon’s second-quarter earnings call on July 24, Schulman also said the company expects to announce additional AI infrastructure deals by the end of the year. He characterized the expected further deals as totaling multiple billions of dollars, indicating a broader pipeline beyond the Google agreement.
The reports agree on the key elements of the transaction—Verizon’s dark fiber and Google data center connectivity—and on the timeframe and magnitude of additional deals Verizon expects to announce before year-end. No further deal terms, such as contract duration or geographic scope, are specified in the provided summaries.
