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What will be the primary focus area for BT Group's investment from Bharti Group by December 31, 2024?
2
Resolution / Starting Odds
Fiber network development • 25%
5G technology rollout • 25%
Service development • 25%
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Official announcements from BT Group, financial news outlets
Story
Bharti Group to Acquire 24.5% Stake in BT Group from Altice UK
Aug 12, 2024, 06:30 AM
Bharti Group has agreed to acquire a 24.5% stake in BT Group from Altice UK. The deal represents an investment in the $17 billion British telecommunications carrier, aimed at accelerating Bharti's expansion overseas. This acquisition will support BT's plans to build fiber networks, roll out 5G technology, and develop services. The Indian High Commissioner to the UK, Vikram Doraiswami, expressed his delight over Bharti Global's investment, highlighting its potential benefits for BT's infrastructure and service development.
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