Bharti will become BT’s biggest shareholder after buying a 25%, $4B stake from Altice

BT, the U.K.’s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market. Bharti, the Indian tech and telecoms giant that owns Airtel among other assets, said it would purchase a 24.5% stake currently owned by Altice. Based on […] © 2024 TechCrunch. All rights reserved. For personal use only.

Bharti will become BT’s biggest shareholder after buying a 25%, $4B stake from Altice

BT, the U.K.’s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market. Bharti, the Indian tech and telecoms giant that owns Airtel among other assets, said it would purchase a 24.5% stake currently owned by Altice. Based on […]

© 2024 TechCrunch. All rights reserved. For personal use only.