Verizon Sees Quarterly Loss of Up to $800 Million Due to BT Deal
Verizon Communications Inc. projected a second-quarter loss of between $700 million and $800 million after striking a deal with UK’s BT Group Plc to create a joint venture for their international businesses.
BT, Verizon Strike $625m Deal to Merge Global Units
- BT and Verizon to create joint global business in $625m deal The Guardian —
- 'Major milestone': BT and US mobile phone giant Verizon to merge $4bn international businesses Yorkshire Post —
- BT and Verizon strike deal to merge international businesses The Argus —
- BT tops FTSE 100 after finding new home for international business with Verizon joint venture City AM —
- BT and Verizon strike deal to merge international businesses Belfast Telegraph —