Verizon Communications Inc. ((NYSE, NASDAQ:VZ) has entered into a new commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to accelerate Verizon's broadband and mobility convergence strategy and strengthen its position in premium connectivity services.
The partnership will extend Verizon's high-capacity broadband coverage beyond its existing service areas and those of Frontier, which Verizon plans to acquire. The new buildout will bring ultra-fast, fiber-based internet to homes and businesses in markets that currently lack access to Verizon's Fios network.
