Monday, June 29

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Markets Stocks Edge Up as the Iran Truce Holds While Oil's War Premium Drains Away Crypto Galaxy Research Cuts the Odds of Crypto's CLARITY Act Passing This Year to 50-50 Companies British American Tobacco to Cut Thousands of Jobs in an AI-Driven Overhaul Personal Finance Harvard's Housing Report Says Middle-Class Homeownership Is Slipping Out of Reach Economy The Bank of England's Chief Economist Warns Against Complacency on Inflation Companies BT and Verizon to Merge Their International Arms in a Global Connectivity Venture Markets JPMorgan Lifts Its European Stock Targets, Betting on an Earnings Rebound Personal Finance 'Buy the Haystack': Why Index Funds Beat Stock-Picking for Most Investors Markets Stocks Edge Up as the Iran Truce Holds While Oil's War Premium Drains Away Crypto Galaxy Research Cuts the Odds of Crypto's CLARITY Act Passing This Year to 50-50 Companies British American Tobacco to Cut Thousands of Jobs in an AI-Driven Overhaul Personal Finance Harvard's Housing Report Says Middle-Class Homeownership Is Slipping Out of Reach Economy The Bank of England's Chief Economist Warns Against Complacency on Inflation Companies BT and Verizon to Merge Their International Arms in a Global Connectivity Venture Markets JPMorgan Lifts Its European Stock Targets, Betting on an Earnings Rebound Personal Finance 'Buy the Haystack': Why Index Funds Beat Stock-Picking for Most Investors

Topic: telecoms

Optical fibers used for telecommunications

Monday, 6/29, 07:43 AM

BT and Verizon to Merge Their International Arms in a Global Connectivity Venture

BT and Verizon are combining their international enterprise units into a 50:50 joint venture serving multinational companies, with Verizon paying BT a $625 million 'equalization' payment to balance the deal.
The combined business will have about $4 billion in annual revenue and 3,000-plus corporate customers.

telecoms — news and stories on this topic

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