Verizon Doubles Fixed Wireless Targets, Plans More Than 35M Fiber Passings
The company should have 30 million passings by 2028, by virtue of buying Frontier and continuing Verizon expansion.
WASHINGTON, Oct. 22, 2024 – Verizon plans to double its fixed wireless customer base to 8-9 million by 2028, the company announced Tuesday.
“We’re going to double the fixed wireless access targets by 2028, to 8-9 million subscribers,” Verizon CEO Hans Vestberg said at the company’s analyst day.
That’s more than some analysts had initially been estimating based on the company’s spectrum holdings and the capacity estimates T-Mobile submitted as part of its Sprint merger. New Street Research said in a note yesterday that after T-Mobile put its fixed wireless target at a higher-than-expected 12 million in September, the group expected Verizon to set its sights on about 9.5 million today.
