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Verizon, BT Are Said to Near JV Deal for International Business

Verizon, BT Are Said to Near JV Deal for International Business
Bloomberg Markets Monday 29 June 2026, 05:45 UTC By Vinicy Chan, Michelle F Davis, Paula Doenecke, Kelcee Griffis 1 min read
Key Points

Verizon, BT Are Said to Near JV Deal for International Business Verizon Communications Inc. is in advanced talks to combine some of its international business with that of the UK’s BT Group Plc, according to people familiar with the matter. The companies are discussing a transaction that would be structured as a joint venture, said one of the people. Ownership of the unit would change hands, the people said, though the exact terms are unclear.

Verizon, BT Are Said to Near JV Deal for International Business Verizon Communications Inc. is in advanced talks to combine some of its international business with that of the UK’s BT Group Plc, according to people familiar with the matter. The companies are discussing a transaction that would be structured as a joint venture, said one of the people. Ownership of the unit would change hands, the people said, though the exact terms are unclear. [Image text:] verizony 1293
Verizon (LOCATION) BT Are Said to (ORG) Near JV (ORG) International Business Verizon (ORG) International Business Verizon Communications Inc. (ORG) UK (LOCATION) BT Group Plc (ORG)
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