{"id":26519,"date":"2026-10-08T12:37:28","date_gmt":"2026-10-08T11:37:28","guid":{"rendered":"https:\/\/telecomkh.info\/?p=26519"},"modified":"2026-10-08T12:47:01","modified_gmt":"2026-10-08T11:47:01","slug":"bt-group-and-verizon-to-form-joint-venture-creating-a-scaled-international-connectivity-platform-for-multinational-customers","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=26519","title":{"rendered":"BT Group and Verizon to form joint venture, creating a scaled international connectivity platform for multinational customers"},"content":{"rendered":"

BT Group and Verizon agree to combine their respective international operations in a 50:50 joint venture, creating a new company focused on multinational connectivity<\/strong><\/p>\n

BT Group (BT) and Verizon Communications Inc. announced the signing of an agreement to combine their respective international enterprise operations into a 50:50 joint venture \u2013 in a move that is set to transform international connectivity.
\nThe new joint venture will focus on serving multinational organisations. It is expected to serve more than 3,000 customers across more than 180 countries, representing approximately $4 billion in combined annual revenue. This breadth of operations will unlock significant scale efficiencies across the combined global network and service operations following completion.
\nDesigned specifically for a cloud-first world in the age of AI, the joint venture brings together BT International, which serves multinational customers with secure and resilient communication and network services around the world, with Verizon\u2019s international enterprise wireline arm, which provides secure connectivity to enterprises worldwide. Both BT and Verizon will hold equal voting rights and Verizon has agreed to pay BT an equalisation payment of $625 million.
\nBy combining global scale with infrastructure designed and built to support local compliance and sovereignty needs, the joint venture will create a stronger platform for growth and accelerate the rollout of next-generation connectivity platforms. Customers will benefit from secure and resilient connectivity designed to meet data, operational and regulatory requirements.
\nAt the same time, the parent companies will be better able to focus on their domestic markets, while providing support to the new joint venture as equal shareholders.
\nBT and Verizon have also confirmed that Martijn Blanken has been appointed Chief Executive Officer-designate of the new joint venture, conditional on the completion of the transaction. Martijn has almost three decades in senior leadership positions across telecommunications, technology and digital infrastructure at Telstra, Openwave Systems, EXA Infrastructure and KPN, and a career spanning four continents. From 01 September he will join BT and will work with both parent companies, while observing relevant regulatory requirements, as they prepare for the launch of the proposed joint venture.
\nClive Selley will continue to lead BT International as CEO, ensuring continuity of BT International\u2019s ongoing transformation in readiness for the creation of the joint venture. Verizon\u2019s leadership remains unchanged.
\nAllison Kirkby, Chief Executive of BT Group, said: \u201cThe world\u2019s leading brands and international organisations trust BT International to connect them across the world. Bringing together this expertise and heritage with Verizon\u2019s deep relationships with multinationals will create a stronger, scaled connectivity partner \u2013 one that has the reach, innovation and investment to succeed. Customers will benefit from new, secure and resilient connectivity platforms, which are designed for the age of AI and sovereign where it matters. It will create new opportunities for our people and long-term value for our owners. Today\u2019s announcement marks a major milestone for BT International, and an important step forward for BT as a whole, as we deliver on our UK-focused strategy.\u201d
\nDan Schulman, CEO of Verizon, said: \u00abOur international customers require secure, flexible connectivity that works seamlessly across borders and cloud environments. When we thought about how to best support them, this joint venture was the clear answer: a cutting-edge, AI-ready and secure platform run by a single global organization dedicated to their needs. At the same time, our relationship with those customers will stay equally strong as we continue to directly provide them with the connectivity they need in the U.S.\u00bb
\nThe transaction is subject to regulatory clearances and consultation with employee representations in countries where required. BT and Verizon\u2019s international businesses will continue to operate independently until the transaction officially closes with a full commitment to their respective customers.<\/p>\n

Above, Allison Kirkby, Chief Executive of BT Group \/ image credited to BT<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

BT Group and Verizon agree to combine their respective international operations in a 50:50 joint venture, creating a new company focused on multinational connectivity BT Group (BT) and Verizon Communications Inc. announced the signing of an agreement to combine their respective international enterprise operations into a 50:50 joint venture \u2013 in a move that is … <\/p>\n

Continue reading \u00abBT Group and Verizon to form joint venture, creating a scaled international connectivity platform for multinational customers\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[40],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/26519"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26519"}],"version-history":[{"count":2,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/26519\/revisions"}],"predecessor-version":[{"id":26522,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/26519\/revisions\/26522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/26520"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}