Altice: UK branch sells BT stake to Bharti Global

(CercleFinance.com) - BT Group notes that Bharti Global has entered into an agreement to acquire 24.
5% of BT Group's issued share capital from Altice UK.

We welcome investors who recognize the long-term value of our business, and this investment by Bharti Global is a vote of confidence in BT Group's future and our strategy, said Allison Kirkby, Chief Executive.

BT has a long relationship with Bharti Enterprises, and I am 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 continued positive collaboration with them in the months and years ahead, she added.


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