Verizon and BT Merge International Businesses in 50:50 Joint Venture
CONFIRMED84% CONFIDENCEThe release, published Jun 29, 2026, says BT Group and Verizon[1] "today announced the signing of an agreement to combine their respective international enterprise operations into a 50:50 joint venture".
Verizon and BT agreed to combine their international enterprise networking arms into a 50:50 joint venture serving over 3,000 multinationals in 180-plus countries with about $4 billion in combined annual revenue; Verizon pays BT $625 million to equalize.
$625M
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