Form 8-K VERIZON COMMUNICATIONS For: Jun 28

Go back to Form 8-K VERIZON COMMUNICATIONS For: Jun 28

Verizon and BT form 50/50 joint venture for wireline business

June 29, 2026 6:27 AM EDT

Verizon Communications (NYSE: VZ) entered into an agreement with BT Group plc on June 28, 2026, to combine their respective international wireline connectivity and managed network services businesses into a newly formed joint venture entity called Jasper NewCo Limited.

Under the terms of the transaction, both Verizon and BT will each contribute the equity interests of... More