Verizon and BT Group in Advanced Talks to Form Joint Venture; BT Valued at $25.7B

According to Jin10, Verizon and BT Group are in advanced negotiations on June 29 to integrate portions of their international operations through a joint venture structure. The companies have not finalized specific ownership stakes or deal terms. Verizon, valued at approximately $194 billion, could announce an agreement with BT Group as early as Monday. BT Group's market capitalization stands at approximately 19.4 billion pounds ($25.7 billion).
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