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BT and Verizon Merge International Business Units in $625 Million Deal
BT and Verizon have announced a deal to merge their international enterprise business units, aiming to scale global connectivity. Verizon anticipates a quarterly loss of up to $800 million due to this transaction.
29 Jun, 06:01 — 29 Jun, 10:46
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (56/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
Far L1
Far Left (1)
The Independent
Left
Center2
Center (2)
bloombergFT
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 2 regions9/34
US2UK2
Sources
Showing 4 of 4 sources
bloombergHigh41d ago
Verizon Sees Quarterly Loss of Up to $800 Million Due to BT Deal - Bloomberg
Verizon Sees Quarterly Loss of Up to $800 Million Due to BT Deal Bloomberg
Read full article →FTVery High41d ago
BT and Verizon to create new international business in $625mn deal
New 50:50 venture will be milestone in UK group’s strategy of refocusing on its domestic operations
Read full article →The IndependentMostly Factual41d ago
BT and Verizon strike deal to merge international businesses
The joint venture will serve more than 3,000 customers across over 180 countries.
By Holly Williams
Read full article →seeking-alphaMixed41d ago
BT Group, Verizon merge international enterprise units to scale global connectivity
Read full article →Coverage Timeline
First report: FT · 29 Jun, 06:01|Full coverage: 4 · 5h|Window: 5h
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