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Business · 3h ago

BT and Verizon Merge International Networking Units in $4B JV

By Meridian48 News Desk · Summarised from The Register ·

BT and Verizon are spinning off their international networking arms into a $4 billion joint venture. The deal consolidates enterprise networking operations across 150 countries. Both companies will hold equal stakes in the new entity.

Meridian48 take
This joint venture signals ongoing consolidation in enterprise networking, but integration risks and customer migration challenges could dilute expected synergies.
Read the full reporting
BT and Verizon spin off international networking arms into $4B joint venture →
The Register
telecom-infrastructureenterprise-networking
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