Verizon CEO: Ongoing Fiber Investments Paying Dividends

Verizon Chairman and CEO Hans Vestberg said that the company is installing 1400 miles of fiber per month and that it will begin offering multi-access edge computing (MEC) in fourth quarter. Verizon fiber deployments are critical to supporting a mixture of services, Vestberg said. “One part of the whole intelligent edge network was that . . . all the way from the data center to the access point you have one unique network with a lot of redundancy and, in between, a lot of fiber to the access point and then you decide if it’s 3G, 5G, 4G or fiber to the home or fiber to the curb or fiber to the enterprise,” he explained. Verizon expects to continue to deploy about this amount of fiber on a monthly basis for another two to three year, Vestberg noted.