BT, Verizon form 50-50 joint venture combining international operations
فيريزون كوميونيكاشونس
Verizon Communications Inc. VZ | 0.00 |
- BT Group agreed with Verizon to combine their international operations in a 50:50 joint venture focused on multinational connectivity.
- BT will report its International division as a discontinued operation until the deal completes, prompting an update to FY27 guidance.
- FY27 adjusted group revenue outlook cut to GBP 17.1-17.6 billion from GBP 19-19.5 billion; adjusted EBITDA set at GBP 8.1-8.2 billion.
- FY27 normalised free cash flow kept at about GBP 2 billion; dividend growth guidance unchanged at low-to-mid single digits.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BT Group plc published the original content used to generate this news brief on June 29, 2026, and is solely responsible for the information contained therein.
