Verizon and Facebook have a deal for a $100 million deal

  • October 11, 2021

A deal between Verizon and the social media giant is reportedly close, and the carrier will get a slice of the $100 billion value of Facebook’s $300 billion acquisition of Oculus.

Sources familiar with the matter told TechCrunch that Verizon and Zuckerberg have agreed on a deal that will bring Facebook to Verizon, and it’s expected to be finalized in the next few days.

The deal would also include a $50 million cash payment to the carrier.