BT is poised to ink an international deal with US giant AT&T, according to US reports.
According to 'Business Week', the companies are close to creating a joint venture involving their extensive international assets.
The report suggests there has been a series of meetings over the past few weeks between the companies' respective chief executives, BT's Peter Bonfield and AT&T's Michael Armstrong, to hammer out a deal.
"Both companies have decided in principle on a joint venture that would include both companies' international assets, the insiders say, with the goal of creating an operation to improve service for large multinationals," reads the article.
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