Verizon and BT seal $4 billion deal to combine international business operations
Verizon Communications Inc. and the UK’s BT Group Plc have agreed to create a joint venture for their international businesses that will have a combined yearly revenue of about $4 billion. As part of the deal, Verizon agreed to an “equalization payment” of $625 million to BT. (FILE Photo) As part of the deal, Verizon…
