Verizon and BT Form Joint Venture for Global Connectivity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 29 2026
0mins
Source: Newsfilter
Verizon Communications Inc. has seen its stock price drop as it hits a 20-day low amid broader market gains, with the Nasdaq-100 up 1.39% and the S&P 500 up 1.26%.
The decline in Verizon's stock comes despite the announcement of a 50:50 joint venture with BT Group aimed at enhancing international operations, which is expected to generate approximately $4 billion in annual revenue. This strategic partnership will serve over 3,000 customers across more than 180 countries, showcasing both companies' capabilities in the global market. The joint venture will also ensure equal voting rights, with Verizon making a $625 million equalization payment to BT, further solidifying their collaboration.
This joint venture represents a significant shift for Verizon as it focuses on multinational connectivity, allowing the company to enhance its competitiveness in the international market while also enabling it to concentrate on domestic operations. Investors will be keen to see how this strategic move impacts Verizon's future growth potential.
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Analyst Views on VZ
Wall Street analysts forecast VZ stock price to rise
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 42.070
Low
43.00
Averages
46.42
High
51.00
Current: 42.070
Low
43.00
Averages
46.42
High
51.00
About VZ
Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, technology, information and streaming products and services to consumers, businesses and government entities. Its Consumer segment provides wireless and wireline communications services. It also provides fixed wireless access (FWA) broadband through its 5G or 4G Long-Term Evolution (LTE) networks portfolio. The Company's Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and advanced communication services, corporate networking solutions, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things (IoT) services and products. It provides these products and services to businesses, public sector customers and wireless and wireline carriers across the U.S. and a subset of these products and services to customers around the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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