BT and Verizon to create joint global business in $4bn deal
BT and Verizon’s joint venture is expected to have $4bn in combined annual revenue. Photograph: Doug Peters/PAView image in fullscreenBT and Verizon’s joint venture is expected to have $4bn in combined annual revenue. Shares in BT have risen by more than 70% since she started in her role.Verizon has also been cost cutting, announcing in November that it would scrap about 13,000 jobs across the organisation.
- ▪BT and Verizon’s joint venture is expected to have $4bn in combined annual revenue.
- ▪Photograph: Doug Peters/PAView image in fullscreenBT and Verizon’s joint venture is expected to have $4bn in combined annual revenue.
- ▪Shares in BT have risen by more than 70% since she started in her role.Verizon has also been cost cutting, announcing in November that it would scrap about 13,000 jobs across the organisation.
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BT and Verizon’s joint venture is expected to have $4bn in combined annual revenue. Photograph: Doug Peters/PAView image in fullscreenBT and Verizon’s joint venture is expected to have $4bn in combined annual revenue. Photograph: Doug Peters/PABTBT and Verizon to create joint global business in $625m dealUK telecoms group’s 50/50 venture ends more than 18-month search for a buyer of its international operations Business live – latest updates Lauren AlmeidaMon 29 Jun 2026 03.18 EDTLast modified on Mon 29 Jun 2026 03.20 EDTSharePrefer the Guardian on GoogleBT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group’s more than 18-month search for a buyer.Verizon will pay a $625m (£473m) “equalisation” fee to BT to guarantee equal…
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