GE Vernova Grid Deal Faces Scrutiny After Verizon Outage Hits 7,531

Vladimir Popescu
Verizon GE Vernova partnership
Verizon GE Vernova partnership – Source: Verizon

Verizon outage reports hit 7,531 on Thursday night, sparking concerns about network reliability as the telecom giant’s partnership with GE Vernova faces increased scrutiny. The Verizon down spike affected major cities and raised questions about infrastructure stability at a critical time.

Verizon outage map across US
Verizon outage map across US – Source: Verizon

Verizon Down Reports Surge Amid GE Vernova Partnership Fallout

The Verizon outage peaked around 8 AM, with connectivity issues reported across New York, Detroit, Chicago, and other metropolitan areas. Network monitoring systems tracked the surge in complaints throughout the night, and the disruption lasted several hours before service was gradually restored.

24-hour Verizon outage report graph
24-hour Verizon outage report graph – Source: downdetector.com

Fiber Optic Vandalism Adds to Network Concerns

Fiber optic vandalism in Los Angeles County compounded the Verizon outage issues, with deliberate infrastructure attacks targeting multiple sites. These incidents highlight ongoing security vulnerabilities as Verizon expands its network partnerships, including the high-profile GE Vernova partnership announced recently.

Stock Performance and Analyst Outlook

Verizon stock price chart
Verizon stock price chart – Source: TipRanks

At the time of writing, Verizon shares trade at $40.36, showing slight volatility throughout the day. The stock maintains a 6.8% dividend yield and recently extended its dividend streak to 19 consecutive years.

12-month Analyst ratings chart for Verizon
12-month Analyst ratings chart for Verizon – Source: TipRanks

Meanwhile, GE Vernova stock shot up by more than 7% this week after Susquehanna analyst Charles Minervino raised the price target from $736 to $740. The analyst maintained a ‘Positive’ rating on GE Vernova partnership prospects.

GE Vernova stock price chart
GE Vernova stock price chart – Source: Yahoo Finance

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Financial Strength Despite Challenges

Verizon service van
Source: Yahoo Finance

Verizon is on track to produce between $19.5 billion and $20 billion in free cash flow this year, which will easily cover its dividend outlay of around $11.5 billion. The company agreed to buy Frontier Communications for $20 billion last year and recently agreed to acquire Starry to expand its fixed wireless broadband business.

GE Vernova declared a quarterly dividend of $0.25 per share last month, payable on November 17 to shareholders of record as of October 20, 2025.

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The case of Verizon outage and fiber optic vandalism highlights operational issues that telecommunications providers are facing in the process of seeking strategic alliances in the energy industry. The two companies have good financial status, although the recent Verizon down events could affect the short-term implementation of partnerships.