CLAIM #62651 · VZ (VZ) · 2026Q1 earnings call · Apr 27, 2026 · due Apr 27, 2028
“we are still very focused on driving our fiber footprint $40 million to $50 million over the medium term.”
Dan Schulman · CEO
How to check this claim
Look at: Fiber footprint (fiber passings), households/businesses covered
It came true if: Fiber passings increase by 40 to 50 million from the base at time of statement
Where: Company-disclosed fiber passings figures (10-K/10-Q or earnings call commentary)
In context
“t that together, the EBITDA and the cost reductions allow us to do a number of things. First is run a lot more efficiently. Second is to absorb the transitional year that we have in service revenue. Third is to invest in the customer experience, and that includes defending our base if we need to do so. And lastly, returning a significant amount of capital to shareholders. And overall, we see a great path to both adjusted EBITDA and EPS growth for the year, and that gave us the confidence to raise the EPS guide for the year and then I'll hand to the broadband question over to Dan. Daniel Schulman: Thanks for the question, John. So convergence, obviously, it's one of our key vectors of growth. We intend to fully leverage our growing fiber footprint, as I mentioned in the last earnings call, we are still very focused on driving our fiber footprint $40 million to $50 million over the medium term. We made good progress this quarter towards that and expanding our fixed wireless access capacity. In Q1, we continue to take broadband share. We have absolutely no intention to slow down, in fact, quite the opposite. We have a huge cross-sell opportunity. Only 20% of our base has broadband. And so we see a large go-to-market opportunities for us there. Look, fiber has inherent advantages over FWA, and we're going to prioritize it where we have coverage. And therefore, you should expect a mix shift from where we've previously been. We have very positive owner's economics on both our broadband and our wireless churn is almost 30% less on converged offers and has a higher both LTV and ARPA. However, be sure we're going to continue to drive FWA. And we entered the year with more available cap”
Verify independently
SEC filings for VZ ↗ · Claim quote is verbatim from the 2026Q1 earnings call.