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Corning struck a $1-billion-a-year optical solutions purchase agreement with Verizon to support the telco's wireline broadband and future wireless expansion. Corning plans to invest more than $250 million in its optical fiber, cable and solutions manufacturing facilities to fulfill the contract.
“Corning plans to expand capacity and to invest more than $250 million in its optical fiber, cable and solutions manufacturing facilities.”fierce-network.com
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