Verizon Nationwide Broadband Strategy Includes Fiber, Fixed Wireless, and Satellite Broadband

Verizon has set a goal of becoming the only nationwide broadband provider. According to the company, this will be made possible through a combination of Fios fiber broadband, Verizon Home fixed wireless, and satellite broadband service. The company already has Fios available to 16 million locations, which will increase to more than 18 million by year-end 2025, when the company expects to have 8 million Fios internet subscribers. In addition, the company has set a goal of making fixed wireless available to 50 million households and 14 million businesses by year-end 2025, when it expects to have between 4 million and 5 million subscribers for the service. For rural areas and to serve global enterprise customers, Verizon expects to leverage its partnership with Amazon involving Amazon’s Project Kuiper low-earth orbit satellite broadband, noted Kyle Malady, Verizon executive vice president of global networks and technology. The company expects to begin testing the service in 2023, Malady said.