Verizon drops a billion bucks on fibre with Corning

US operator giant Verizon has committed to buy at least 12 million miles of fibre per year for the next three years in a move it hopes will be interpreted as a statement of investment intent.
The total outlay will be at least $1.05 billion with the maker of the glass that protects most of today’s touchscreens. It looks like this is as much a strategic move to ensure the company has enough fibre to support its future ambitions as any kind of major new initiative but that’s not stoppin