BRIEF-BT Group And Verizon To Combine International Operations In A 50:50 Joint Venture

Verizon Communications Inc.

Verizon Communications Inc.

VZ

0.00

June 29 (Reuters) - BT Group PLC BT.L:

  • CO & VERIZON TO COMBINE THEIR RESPECTIVE INTERNATIONAL OPERATIONS IN A 50:50 JOINT VENTURE

  • CO, VERIZON TO HOLD EQUAL VOTING RIGHTS VERIZON TO PAY BT EQUALISATION PAYMENT OF $625 MILLION

  • MARTIJN BLANKEN APPOINTED CEO-DESIGNATE OF JV


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