BT & Verizon launch $4bn joint venture

BT Group and Verizon have agreed to form a joint venture combining their international enterprise operations. Verizon has agreed to pay BT an equalisation payment of $625 million as part of the deal, with both holding equal voting rights following expected completion in 2027. The new company will serve more than 3,000 customers across more … Continue reading BT & Verizon launch $4bn joint venture