{"id":75491,"date":"2026-06-29T02:56:41","date_gmt":"2026-06-29T07:56:41","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/06\/29\/bt-and-verizon-to-create-joint-global-business-in-625m-deal\/"},"modified":"2026-06-29T02:56:41","modified_gmt":"2026-06-29T07:56:41","slug":"bt-and-verizon-to-create-joint-global-business-in-625m-deal","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/06\/29\/bt-and-verizon-to-create-joint-global-business-in-625m-deal\/","title":{"rendered":"BT and Verizon to create joint global business in $625m deal"},"content":{"rendered":"<p>UK telecoms group\u2019s 50\/50 venture ends more than 18-month search for a buyer of its international operations<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/live\/2026\/jun\/29\/bank-of-england-inflation-warning-ai-stock-markets-oil-burnham-bond-yields-live-news-updates\">Business live \u2013 latest updates<\/a><\/p>\n<\/li>\n<\/ul>\n<p>BT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group\u2019s more than 18-month search for a buyer.<\/p>\n<p>Verizon will pay a $625m (\u00a3473m) \u201cequalisation\u201d fee to BT to guarantee equal voting rights in the new 50\/50 joint venture, the companies announced on Monday. The deal is expected to create a company with more than 3,000 customers across about 180 countries and $4bn in combined annual revenue.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/jun\/29\/bt-verizon-joint-venture-deal-telecoms-international\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK telecoms group\u2019s 50\/50 venture ends more than 18-month search for a buyer of its international operations Business live \u2013 latest updates BT and the US mobile company Verizon are to combine their international businesses, ending the British telecom group\u2019s more than 18-month search for a buyer. Verizon will pay a $625m (\u00a3473m) \u201cequalisation\u201d fee &#8230; <a title=\"BT and Verizon to create joint global business in $625m deal\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/06\/29\/bt-and-verizon-to-create-joint-global-business-in-625m-deal\/\" aria-label=\"Read more about BT and Verizon to create joint global business in $625m deal\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-75491","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/75491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=75491"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/75491\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=75491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=75491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=75491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}