BT and Verizon’s JV for multinational connectivity is a positive step but may not be enough
02 July 2026 | Research
Article | PDF | Enterprise Services| NaaS Platforms and Infrastructure
"The combined entity is likely to do better in the global connectivity market than either BT International or Verizon alone."
On 29 June 2026, BT International and Verizon announced an agreement to combine their respective international operations in a 50:50 joint venture (JV), creating a new company focused on multinational connectivity.
The tie-up gives BT’s Global Fabric network-as-a-service (NaaS) platform valuable extra scale and allows both operators to distance themselves from a difficult global connectivity market. What is much less clear is whether the JV will deliver sustainable revenue growth, or just slow the decline of these connectivity businesses.
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Author
Catherine Hammond
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