The carrier added 1.7 million net additions in the fourth quarter, along with 1.6 million postpaid.
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Strategically, Verizon said the deal aligns with its growth oriented network-as-a-service strategy.
Stankey will take over as CEO on July 1.
A bevy of major ISPs have pledged to support broadband connectivity as COVID-19 spreads in the US and workers are told to stay home.
Legere is departing as T-Mobile still works to close its $26 billion merger with Sprint.
Comcast Business is among the company's top three fastest growing segments.
The carrier said the goal is to connect up to 50,000 homes this year using fixed unlimited wireless service over LTE.
The wireless carrier announced its preliminary fourth quarter results and noted that ended the fiscal year with a total customer count of 79.7 million.
The wireless giant is replacing the Oath brand with the more straightforward Verizon Media Group.
The company said revenue was down year-over-year primarily due to declines in domestic video and legacy wireline services.