Verizon Expands Reach with Fiber, FWA, and Millimeter Wave Technology

WASHINGTON, Nov. 21, 2024 – Verizon has doubled down on plans to expand its fiber and fixed wireless access footprint to over 100 million homes, bolstered by a plan to rollout cutting-edge technology tailored for multiple dwelling units.

Verizon CFO Tony Skiadas outlined the company’s vision for sustainable growth at the Morgan Stanley European Technology, Media & Telecom Conference in Barcelona on Thursday.

For the third quarter of 2024, Verizon “had a good balance of both customer and financial growth," Skiadas said. “We saw 239,000 postpaid phone net ads, and 389,000 broadband subs. We [also met] our FWA target of 4–5 million subscribers 15 months early."