Corning Makes $1-Billion Fiber, Cable, Connectivity Deal With AT&T

Corning and AT&T recently announced a multi-year purchase agreement through which Corning will provide fiber, cable, and connectivity products and solutions to support AT&T’s fiber-network expansion to help bring high-speed internet to more Americans. The agreement, valued at more than $1 billion, continues decades of business collaboration between the two companies.

When announcing the deal they explained that AT&T is “expanding its network to bring world-class fiber to more people and places across the country. As Corning’s largest customer with preferential volume status for Corning’s connectivity solutions, AT&T can accelerate its network expansion and enhance network performance while minimizing deployment costs.”

AT&T will use the latest additions to Corning’s Evolv portfolio of connectivity solutions, including Evolv FlexNAP with Multifiber Pushlok Technology—a product set that will comply with the Build America, Buy America (BABA) provisions of the Broadband Equity, Access, and Deployment (BEAD) program.

AT&T’s chief executive officer John Stankey commented, “We’ve built the nation’s fastest broadband network. This new multi-year agreement with Corning helps us to connect more households, communities, and businesses with the high-speed, reliable internet they need to thrive in a digital world.”

Corning’s chairman and chief executive officer Wendell P. Weeks added, “As data and bandwidth requirements continue to grow, Corning is committed to the work of ensuring all Americans have access to reliable, high-speed fiber connections. By extending our longtime relationship with AT&T, we’re helping bring the transformational benefits of fiber to more people and communities. We share a fundamental belief that the more people you connect, the more value you create. And optical fiber is bringing people together at an unprecedented scale.”