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12 Aug 2024 | 07:15

BT Group welcomes Bharti Global's purchase of Altice's stake in carrier

(Sharecast News) - BT Group welcomed news that Bharti Global had acquired Altice UK's 24.5% stake in the telecoms carrier. "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," BT boss, Alison Kirkby said.

"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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