Verizon, BT Combining International Units in Joint Venture

The joint venture will bring in about $4 billion in annual revenue, the companies said

Verizon, BT Combining International Units in Joint Venture
Photo of BT CEO Allison Kirkby from the company

WASHINGTON, June 29, 2026 – Verizon and UK telecom provider BT are combining their international units in a joint venture, the companies announced Monday. 

Verizon is paying BT $625 million under the deal. The combined business will bring in about $4 billion in annual revenue, the companies said in a release, and serve more than 3,000 customers in more than 180 countries.

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