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2021 Investor Day Verizon accelerating growth What you need to know : Strategy unchanged - C - Band spectrum amplifies and accelerates opportunity 5G Adoption Leading Network ( 180 ) Network Monetization 100M POPs in -12 Months C - Band Auction Results • 140-200 MHz in every market • Average 161 MHz C - Band depth across the U.S. • Contiguous across U.S. • 60 MHz early clearing A - Block spectrum C - Band Deployment Plan - Covered POPS 175M + 2022-2023 Spectrum Connectivity Ranges 2x mid - band spectrum holdings post auction C - Band EBS / BRS 250M + 2024 & Beyond Next - gen B2B Applications Based on FCC use rules for bands shown and 3GPP propagation models ; under typical conditions Customer Differentiation verizon Five vectors set foundation for 3 % + Service and Other revenue growth target Network Build Plan • $ 10B C - Band capital spending plan over 3 years • Initial C - Band build on existing infrastructure 5G 4G • 7K - 8K C - Band equipped cell sites in 2021 • 14K + additional mmWave cell sites in 2021 ; 30K + total by YE • Over time , 50 % of urban traffic expected to be on mmWave Fiber Build Plan . > 50 % of 4G and 5G sites on Verizon - owned fiber in next three years ; benefits of owner's economics 15M Fixed Wireless Household Coverage Plan 50M YE 2021 New Markets 30M YE 2023 YE 2025 1