BT and Verizon to create joint global business in $625m deal
BT and Verizon announced a $625 million joint venture to combine their international businesses, ending BT's 18-month search for a buyer. The new company will serve over 3,000 customers across about 180 countries, generating $4 billion in annual revenue. This partnership positions BT to focus more on its UK market strategy.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 29 Jun 2026, 07:18 UTC · Updated 29 Jun 2026, 07:31 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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