BRIEF-BT CEO Allison Kirkby Says Could Possibly Bring In Third Parties At Some Point In Future

Verizon Communications Inc.

Verizon Communications Inc.

VZ

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June 29 (Reuters) - BT Ceo Allison Kirkby

  • JOINT VENTURE WITH VERIZON FOR MULTINATIONALS ‘COULD BE THE START OF FURTHER CONSOLIDATION’

  • ‘WE COULD POSSIBLY LOOK TO BRING IN THIRD PARTIES AT SOME POINT IN FUTURE’

  • $625 MILLION EQUALISATION PAYMENT FROM VERIZON WILL BE USED TO FUND JV, WITH ANY REMAING USED TO PAY DOWN DEBT


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