Business · 2h ago
BT and Verizon launch joint venture for global enterprise connectivity
BT and Verizon have formed a 50:50 joint venture to provide cross-border connectivity, cloud, and security services to multinational enterprises across 180 countries. The partnership aims to simplify network management for global businesses. Financial terms were not disclosed.
Meridian48 take
The deal is less a technological breakthrough and more a consolidation play, as telecom giants scramble to offer one-stop-shop services to enterprise clients.
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BT and Verizon sign 'major milestone' tie-up to connect customers across 180 countries →
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