Verizon has entered into a commercial fiber agreement with Eaton Fiber LLC, an affiliate of Tillman Global Holdings, to extend its premium broadband service to homes outside its current Fios markets.
Under the deal, Eaton Fiber will fund, build, and maintain the wholesale fiber network, while Verizon will handle sales, marketing, and customer service. Verizon will have residential retail exclusivity over the new network through the build phase and for an additional period.
The financial terms of the agreement were not disclosed. The partnership is part of Verizon’s broader strategy to expand its fiber footprint ahead of the planned acquisition of Frontier, expected to close in early 2026, and to complement its 5G and fixed‑wireless initiatives.
The agreement follows Verizon’s recent leadership change, with Dan Schulman taking over as CEO on October 6, 2025, and aligns with the company’s reaffirmed 2025 outlook, which includes a 2%‑2.8% wireless revenue growth and adjusted EPS guidance of $4.64‑$4.73.
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