Verizon, Britain’s BT to Form International Connectivity Joint Venture

BT, Verizon to combine international units in joint venture

BT, Verizon to combine international units in joint venture

Verizon, BT Merge International Units in Pivot to Home Markets

Verizon Communications Inc. and the UK’s BT Group Plc agreed to create a joint venture for their international businesses in a merger that will take the low-margin units off their books and allow the carriers to focus on their home markets.

Why overseas buyout giants are chasing Korea's rental car operators

Global private equity firms are lining up to take a bite of South Korea's rental car industry, reflecting a growing view that the industry is transforming from a traditional leasing business into a mobility platform built around vehicle access. US-based private equity firm TPG is moving to acquire a controlling stake in Lotte Rental, the operator of the country's second-largest car rental brand Lotte Rent-a-Car. Having secured exclusive due diligence rights, TPG is seeking to secure the 61.21 pe

Verizon to Connect New BMW Group Vehicles in the U.S. via KDDI Platform

Verizon Business will supply 5G Standalone and LTE connectivity for new BMW Group vehicles in the U.S. through KDDI’s Global Communications Platform, supporting BMW Connected Drive and integrated digital services. The post Verizon to Connect New BMW Group Vehicles in the U.S. via KDDI Platform appeared first on IoT Business News.

South African Telcos Demand OTT Platforms Fund Network Infrastructure Upkeep

JOHANNESBURG, Gauteng — A major debate has emerged in the local telecommunications sector as South African telcos demand OTT platforms like Netflix, WhatsApp, and YouTube contribute financially to the upkeep of the country’s network infrastructure. Led by the Association of Communications, the industry argues that the massive surge in digital traffic necessitates a new funding []