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The private equity firm which wants to buy the wholesale arm of struggling TalkTalk Telecom Group has approached BT Group to seek relief from payments worth over £100m in order to push a rescue deal through. Sky News has learnt that Epiris has asked the FTSE-100 telecoms giant to waive or write off several months of payments from TalkTalk's PXC division to BT's arms-length subsidiary, Openreach. PXC typically pays between £60m and £80m every month to Openreach, making it by far TalkTalk's biggest supplier.
Investing.com -- British and European stocks extended their losses on Friday after a tanker was hit by an unknown projectile in the Strait of Hormuz and Saudi Aramco told European refiners they will receive no crude allocations next month, deepening fears the U.S.-Iran war is tightening its grip on global oil supply.
Global workforce intelligence firm TalentNeuron today announced the release of The Great Reallocation: Understanding the Impact of AI on Talent Strategy, a new research report examining how enterprises are reshaping their workforces as AI moves from experimentation to large-scale adoption. The research analyzed workforce strategies at Salesforce, Klarna, Wells Fargo, Google, Microsoft, Citi, and BT Group, finding that AI investment is not resulting in a single workforce strategy. Instead, organi
First-quarter earnings matched estimates, but broadband losses and margin pressure weighed on investor sentiment.
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Unified Communication as a Service (UCaaS) Market size & share revenue was valued at approximately USD 94.6 Billion in 2025 and is expected to reach USD 113.9 Billion in 2026 and is expected to reach around USD 605.5 Billion by 2035, at a CAGR of 20.4% between 2026 and 2035. The key market players listed in the report with their sales, revenues and strategies are Ora
In late June, BT Group and Verizon Communications agreed to combine their international enterprise operations into a 50:50 joint venture serving more than 3,000 customers across over 180 countries, with Verizon making a US$625 million equalization payment and completion targeted for 2027, subject to regulatory approvals. This alliance creates a large-scale, cloud- and AI-focused enterprise connectivity platform that could reshape how multinational clients source secure cross-border...
We recently compiled a list of the 10 Most Undervalued Dow Stocks to Buy According to Wall Street Analysts. Verizon Communications Inc. (NYSE:VZ) is among the most undervalued stocks. TheFly reported on June 29 that BT Group and VZ announced an agreement to merge their international enterprise operations through a 50:50 joint venture focused on supporting […]
BT Group and Verizon Communications (NYSE:VZ) are combining their international enterprise units into a jointly owned platform. The joint venture is expected to serve thousands of global business customers with connectivity, cloud, and AI services. The combined entity is projected to generate about US$4b in annual revenue once fully operational. Verizon plans to prioritize domestic investments while maintaining an international footprint through its stake in the new venture. For Verizon...
VZ's BT joint venture will serve over 3,000 enterprise customers across more than 180 countries, targeting cloud, AI and compliance demands.
BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other half. BT and Verizon announced on June 29 that they signed an agreement to combine their ...
Verizon announces an international joint venture with BT Group. Here’s what the agreement means for VZ shares in the second half of 2026.
Shares of telecommunications giant Verizon (NYSE:VZ) fell 5.3% in the afternoon session after it was officially removed from the Dow Jones Industrial Average. VZ was replaced by Alphabet ending a decades-long membership.
Today, June 29, 2026, index fund rebalancing and new joint venture put fresh pressure on Verizon shares.
Verizon fell amid multiple industry headlines and was also booted from the Dow Industrial Average.
Market Domination Host Josh Lipton tracks several of the day's top trending stock tickers, including Alphabet (GOOG, GOOGL) joining the Dow Jones Industrial Average (^DJI). while Verizon (VZ) exits the Down and announces a new deal with BT Group, and Comcast (CMCSA) planning a split into two public companies.
The 50/50 deal creates a new entity with $4 billion in combined revenue serving 3,000 customers across 180 countries.
Earlier today, the company and BT Group formed a joint venture to capture opportunities from international enterprise customers.
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