Verizon Fiber Expanding as Bain, Tillman Invest $1.5 Billion in Eaton

Analysts expect more deals ahead for Verizon

Verizon Fiber Expanding as Bain, Tillman Invest $1.5 Billion in Eaton
Photo of a Verizon storefront from the company

WASHINGTON, July 29, 2026 – Two investment firms are acquiring a $1.5 billion stake in Eaton Fiber to expand Verizon broadband.

As part of the deal, Eaton will acquire Ripple Fiber. Eaton plans to expand to more than 1 million locations outside Verizon’s footprint “over the next few years.”

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