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BT welcomes Bharti Global 24.5% stake purchase
Bharti buys stake from Altice (Il Sole 24 Ore Radiocor) - London, 12 Aug - The UK telecommunications group BT Group welcomed Bharti Global's purchase of a 24.5% of its capital from Altice UK. "We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy," said Allison Kirkby, BT's CEO.
"BT has enjoyed a long association with Bharti Enterprises, and I'm pleased that they share our ambition and vision for the future of our business. They have a strong track record of success in the sector, and I look forward to ongoing and positive engagement with them in the months and years to come.".
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(RADIOCOR) 12-08-24 08:50:31 (0119) 5 NNNN