Verizon and Corning sign $1.05B fiber optic supply deal

Verizon announced a three-year minimum purchase agreement with Corning for up to 20 million kilometers of optical fiber per year from 2018 to 2020, with a minimum commitment of $1.05 billion.

“The agreement calls for Corning to provide and Verizon to purchase up to 20 million kilometers (12.4 million miles) of optical fiber each year from 2018 through 2020, with a minimum purchase commitment of $1.05 billion.”lightreading.com

• 1 source
• lightreading.comCorning Lands $1B Deal With VerizonApr 18, 2017

Summarized from public sources; check the original articles before acting on it.