Verizon

About Verizon

The operator maintains a closed architecture model, prioritizing integration with Verizon's existing telecom infrastructure, managed services platforms, and enterprise customer base. This approach differs markedly from carrier neutral operators competing aggressively for wholesale and hyperscale customers. Verizon's data center strategy emphasizes network proximity, latency optimization for telecommunications applications, and bundled service offerings combining connectivity with compute and storage capabilities. The company does not pursue independent colocation revenue as a primary growth vector.

Market positioning reflects Verizon's broader telecommunications dominance rather than independent data center operator status. The portfolio remains relatively flat in recent years compared to aggressive expansion by pure play operators and hyperscalers. Going forward, growth will likely track with enterprise cloud adoption and network infrastructure modernization demands rather than standalone facility development. The operator's competitive advantage rests in service integration and captive customer relationships rather than scale or capacity pricing competition.

Verizon is a global telecommunications company providing wireless, broadband, and network connectivity services, with involvement in telecom infrastructure supporting data centers, cloud, and AI through its mobility and fixed networks.

2 paragraphs are not shown here because they assert facility or capacity figures we could not reconcile with the measured figures above.

Company Overview

Recent Activity

• OutageAug 10, 2026

  Verizon network outage in Southern California caused by multiple fiber cuts

  Verizon experienced a network outage in Southern California on Sunday, which the company attributed to multiple fiber cuts.

• PartnershipJul 29, 2026$1B

  Verizon and Google sign $1bn dark fibre deal for data-centre connectivity

  Verizon and Google have signed a contract worth more than $1 billion for Verizon to supply dark fibre linking Google's data centres, reflecting a strategic shift in data-centre competition toward control of fibre infrastructure, routing capacity and latency alongside compute power.

• Executive changeApr 1, 2026

  Axe Compute Inc. Appoints Kyle Okamoto as President

  Axe Compute Inc. announced the appointment of Kyle Okamoto as President, effective April 1, 2026. Okamoto previously served as CTO of Aethir and has experience in high-performance computing and data center infrastructure.

• EarningsAug 2, 2017$1.1B

  Equinix Reports Q2 2017 Results, Surpasses $1B Quarterly Revenue Milestone

  Equinix reported Q2 2017 revenues of $1,066 million, marking the first time the company exceeded $1 billion in quarterly revenue and delivering its 58th consecutive quarter of revenue growth. The company completed acquisition of 29 Verizon data centers, expanded its global platform to 182 IBX facilities across 44 markets in 22 countries, and opened three organic build facilities in Amsterdam, Frankfurt, and Silicon Valley. Interconnection revenue grew 24% year-over-year, significantly outpacing colocation growth, reflecting enterprise adoption of hybrid multi-cloud architectures. The company now serves 42% of Fortune 500 and 30% of Global 2000 companies.

• AcquisitionMay 1, 2017$3.6B

  Equinix Acquires Verizon's Data Center and Cloud Services Business

  Equinix, Inc. completed the acquisition of Verizon's colocation and data center interconnect operations on May 1, 2017. The transaction involved approximately $3.6 billion in cash for the operations and certain assets.

• EarningsFeb 15, 2017$3.6B

  Equinix Reports 33% Revenue Growth and Record Bookings in 2016

  Equinix reported full year 2016 revenues of $3.6 billion, a 33% increase year-over-year, with 56 consecutive quarters of revenue growth. The company announced record quarterly bookings, particularly from enterprise customers, and $175 million in new expansion projects across Amsterdam, Chicago, Dubai, Rio de Janeiro, and Toronto. Equinix also announced a $3.6 billion agreement to acquire 29 data centers from Verizon across 15 metro areas in North and South America, expanding its global platform to 179 facilities across 44 metros and 22 countries.