Latest Headlines Top Stories Breaking News Stock Alerts Wallstreet Events Industry News Industry News Corp. Calendars Stock Splits Conference Calls Earnings Calendar Earnings Calendar Pos Pre-announcements Profit Warnings Positive Surprise Negative Surprise Latest Earnings FDA Calendars Drug Approvals Clinical Trial Calendar Ratings Changes Cov Initiations Cov. Reiterated Economic News Economic Calendar Economic Scorecard Cryptocurrency Cryptocurrency Morning Mkt Analysis US Commentary European Commentary Asian Commentary Canadian Commentary Indian Commentary Commodities White House General News FX Top Stories Currency Analysis Currency Alerts Economic Calendar Economic Scorecard Coronavirus
COVID-19 Calendar Diet & Fitness Kids Health Men’s Health Women’s Health Cancer News Drug Development Mental Health Slide Shows Entertainment Entertainment Top Stories Classic Rock Rap/Hip-Hop Alternative Content Licensing Content Licensing Newswires & Feeds Content Syndication Digital Signage Services Radio News Services Premium Services Intelligent Investor Biotech Investor NEW Latest News Videos Free Content Press Releases Latest Headlines Stock Alerts Top Stories Breaking News Wallstreet Events Industry News Corp. Calendars Stock Splits Conference Calls Earnings Calendar Earnings Calendar Pos Pre-announcements Profit Warnings Positive Surprise Negative
Surprise Latest Earnings FDA Calendars Drug Approvals Clinical Trial Calendar Ratings Changes Cov Initiations Cov. Reiterated Economic Calendar Economic Scorecard Cryptocurrency Market News Morning Mkt Analysis US Commentary European Commentary Asian Commentary Canadian Commentary Indian Commentary Commodities White House General News FX Top Stories Currency Analysis Currency Alerts Economic Calendar Economic Scorecard Health News Coronavirus COVID-19 Calendar Diet & Fitness Kids Health Men’s Health Women’s Health Cancer News Drug Development Mental Health Slide Shows Entertainment Entertainment News Top Stories Classic Rock Rap/Hip-Hop Alternative Content Licensing
Newswires & Feeds Content Syndication Digital Signage Services Radio News Services Intelligent Investor Biotech Investor Latest News Videos Free Content Press Releases Corporate News BT Group, Verizon To Combine International Operations In 50:50 JV; BT Updates Outlook By RTTNews Staff Writer ✉ | Published: 6/29/2026 2:40 AM ET Addas your preferred news source on Google British telecom major BT Group plc (BT,BT_A.L) and its U.S. peer Verizon Communications Inc. (VZ) announced Monday an agreement to combine their respective international enterprise operations into a 50:50 joint
venture, which will focus on serving multinational organisations. Further, BT has updated outlook for fiscal 2027 and mid-term guidance, as BT International division will be reported as a discontinued operation following the JV deal. As per the deal, BT International will be combined with Verizon’s international enterprise wireline arm, which provides secure connectivity to enterprises worldwide. Both BT and Verizon will hold equal voting rights and Verizon has agreed to pay BT an equalisation payment of $625 million. The JV will serve more than 3,000
customers across more than 180 countries, representing around $4 billion in combined annual revenue. It is expected that the combination of international networking businesses would create a new platform designed for the age of cloud and AI. The JV formation is expected to complete in 2027, subject to regulatory clearances and other customary closing conditions. Until the deal closure, BT and Verizon’s international businesses will continue to operate independently. BT and Verizon have also confirmed that Martijn Blanken has been appointed Chief Executive Officer-designate of
the new joint venture, conditional on the completion of the transaction. He will join BT from September 1, and will work with both parent companies. Clive Selley will continue to lead BT International as CEO. Verizon’s leadership remains unchanged. The JV is expected to help the parent companies to better focus on their domestic markets, while providing support to the new joint venture as equal shareholders. For comments and feedback contact: editorial@rttnews.com Business News Slide Shows Biotech Stocks Facing FDA Decision In June 2026 Biotech
Stocks Facing FDA Decision In May 2026 Biotech Stocks Facing FDA Decision In April 2026 Latest Updates on Middle East War U.S. Dollar Slides As Plummeting Crude Oil Prices Ease Inflation Pressures June 26, 2026 17:01 ET Canadian Stocks Advance Amid Gains In Metals Even As Concerns Over CUSMA Talks Loom June 26, 2026 16:27 ET Crude Oil Plummets As Shipping Traffic Across The Hormuz Strait Speeds Up June 26, 2026 14:42 ET Gold Advances As U.S. Inflation Data Release Reduces Fed Rate Hike Concerns
June 25, 2026 13:33 ET Commodity Currency’s Slide As Crude Oil Price Drop June 24, 2026 03:09 ET Global Economics Weekly Update -June 15 – June 19, 2026 June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of
the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy. View More Videos RELATED NEWS BT Group, Verizon To Combine International Operations In 50:50 JV; BT Updates Outlook BT Group FY26 Profit Rises; Lifts Dividend, Transformation Plan Target; Sees Growth Ahead BT Group: Patricia Cobian To Join Board As CFO Designate On July 20 Latest Updates on COVID-19 New Study Shows
Updated COVID Vaccine Reduces Severe Illness And Hospitalizations June 24, 2026 13:12 ET AI-Designed Universal Coronavirus Vaccine Passes First Human Safety Trial June 11, 2026 14:30 ET Editor’s Pick Most Emailed U.S. Consumer Sentiment Rebounds Slightly More Than Previously Estimated In June June 26, 2026 11:08 ET Canadian Stocks Might Open Mixed June 26, 2026 09:07 ET Wall Street Might Slide At Open June 26, 2026 08:23 ET Brazil, Mexico, South Africa, Morocco Advance To Second Round June 25, 2026 06:37 ET Micron Shares Climb
On Strong Q3 Results, Positive Outlook On AI June 25, 2026 05:41 ET Futures Signal Moderately Higher Open For Wall Street June 24, 2026 08:16 ET Ronaldo Becomes First Player To Score In 6 World Cups June 24, 2026 07:58 ET FedEx Shares Down On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook June 24, 2026 05:23 ET Serco Group H1 Underlying Profit, Revenues Rise, Backs FY26 Outlook; North America CEO To Resign June 25, 2026 03:05 ET Jamieson Wellness Conducts Strategic Review After Unsolicited
Takeover Proposal June 25, 2026 02:24 ET Fortrea Appoints Jason Knoblauch To Succeed Jill McConnell As CFO June 26, 2026 07:12 ET Onsemi To Acquire Synaptics In $7 Bln All-Stock Deal June 25, 2026 16:41 ET Doncasters Prices Upsized IPO Of 27.9 Mln Shares At $33/shr; To Raise Up To $1.06 Bln June 25, 2026 02:03 ET Commerzbank Board Urges Shareholders To Reject UniCredit’s Takeover June 26, 2026 11:04 ET NuCube Energy To Go Public Through Launch Two Acquisition Merger June 25, 2026 08:08 ET
FedEx Shares Down On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook June 24, 2026 05:23 ET Hertz To Offer $300 Mln Of Exchangeable Senior First-Lien Secured PIK Notes Privately June 24, 2026 07:45 ET Takeda Names Julie Kim CEO As Christophe Weber Retires June 24, 2026 04:52 ET Adobe Agrees To Acquire Topaz Labs June 25, 2026 09:53 ET Primary Health Properties Confirms Advanced Talks On Private Hospital Portfolio JV June 24, 2026 03:10 ET MoneyHero Limited Q1 Loss Increases June 24, 2026 06:16
ET Woodside Energy To Invest $5 Mln To Restore Biodiversity Of Sam Houston Jones State Park June 24, 2026 00:53 ET Hyperscale Data Signs AI Data Center Services Deal Worth About $1.2 Bln June 24, 2026 06:52 ET Nike Names Pfizer’s David Denton CFO, Succeeding Matthew Friend; Sees Q4 To Include Tariff Benefit June 24, 2026 01:02 ET Helus Pharma Prices $50 Mln Share Offering; Stock Up In Pre-market June 24, 2026 06:59 ET Honeywell Aerospace To Join S&P 500, S&P 100 June 24, 2026
01:22 ET AGF Management Ltd. Reports Increase In Q2 Profit June 24, 2026 07:07 ET Alphabet To Replace Verizon In Dow Jones Industrial Average, Honeywell To Remain After Spin Off June 24, 2026 01:30 ET Gold Peak Industries (Holdings) Ltd Full Year Sales Increase June 24, 2026 07:20 ET United Airlines Partners With DIRECTV To Stream Live TV On Seatback Screens June 24, 2026 01:35 ET Absci Prices Offering Of $100 Mln Of Shares June 24, 2026 07:32 ET GameStop Removes CEO Performace Award To
Support EBay Takeover June 24, 2026 01:47 ET Editors Pick Micron Shares Climb On Strong Q3 Results, Positive Outlook On AI June 25, 2026 05:41 ET FedEx Shares Down On Weak Q4 Profit, Adj. Margin, Despite Positive Outlook June 24, 2026 05:23 ET AbbVie To Acquire Immunology Drug Maker Apogee For $10.9 Bln Cash; Shares Climb June 22, 2026 09:47 ET SpaceX To Buy Cursor Maker Anysphere In $60 Bln All-stock Deal June 16, 2026 11:34 ET Copyright © 2026 RTTNews. All rights reserved.By using
this site, you agree to the Terms of Service. About Us | Contact Us
BT Group, Verizon, 50:50 joint venture, BT International, international enterprise wireline, Martijn Blanken, Clive Selley, equalisation payment, $625 million, cloud and AI, discontinued operation, fiscal 2027 outlook