Finance
BT and Verizon Combine Global Networks in $4 Billion Joint Venture
BT Group and Verizon have agreed to merge their international enterprise connectivity businesses into a new 50:50 joint venture worth about $4 billion in combined annual revenue, serving more than 3,000 multinational customers in over 180 countries. Verizon will pay BT an equalization payment of $625 million, and former BT International head Martijn Blanken has been named CEO-designate as the two companies prepare for a planned 2027 launch.
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Iran's Funeral Procession for Khamenei Begins as Mourners Chant for Revenge
World · Jul 4 · L1-L4
