Verizon Lifts 2026 Forecast and Inks $2B AI Deal With AWS

The telecom giant raised its annual outlook following strong subscriber growth and signed a multi-billion-dollar AI infrastructure deal with Amazon Web Services.

American telecom giant Verizon has raised its annual financial outlook for 2026, news agency Reuters and financial news website Seeking Alpha reported. According to Seeking Alpha, the upward revision follows strong growth in the company's postpaid subscriber base.

In addition, both outlets reported that Verizon signed an agreement valued at more than $2 billion with Amazon's cloud computing arm, AWS. The transaction focuses on artificial intelligence infrastructure.

Further details regarding the terms of the corporate agreement and full financial figures have not yet been released.