Verizon Subscriber Metrics Beat Expectations

The company increased its fiber expansion targets.

Verizon Subscriber Metrics Beat Expectations
Photo of Verizon CEO Dan Schulman, then the CEO of PayPal, speaking at a World Bank/IMF meeting in April 2023 by Jose Luis Magana/AP

WASHINGTON, Jan. 30, 2026 – Verizon is targeting a fiber build pace of 2 million new passings in 2026 following its acquisition of Frontier.

That acquisition puts the company’s fiber footprint at more than 30 million locations, thanks to the more than 9 million Frontier had deployed. Verizon’s new fiber target is 40 million to 50 million passings “over the medium term,” recently appointed CEO Dan Schulman said on the company’s earnings call Friday.

That’s up from its previous 35 million to 40 million long-term goal. The company is eager to get more converged customers, those taking fixed and mobile broadband, and will have a new market to sell to in the newly acquired Frontier footprint. 

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