Verizon will offer Oracle database and Fusion middleware on its enterprise cloud services.
Under the agreement between Verizon's enterprise unit and Oracle, the telecom giant will allow customers to take their licenses from the applications giant to its cloud and pay an hourly rate.
The deal covers Verizon's cloud, eCloud and managed hosting customers too.
For Oracle, Verizon Cloud,, the partnership means more distribution. Verizon Cloud will be competitive on pricing, but won't be drawn into a price war. Instead, Verizon Cloud's main pitch is that it will handle enterprise workloads, comply with regulations and give customers control over virtual machine provisioning.
Verizon noted that it will continue to expand partnerships and the ecosystem around its cloud offerings.
The telecom giant is pushing into cloud services and actively targeting enterprises that currently use Amazon and Rackspace.