(Reuters) – India’s Bharti Enterprises said on Monday it has agreed to buy an around 24.5% stake in BT Group from the British telecommunication firm’s top shareholder, Altice UK.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sonia Cheema)
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India’s Bharti Enterprises to buy Altice UK’s stake in BT Group
Published by Uma Rajagopal
Posted on August 12, 2024
1 min read· Last updated: August 12, 2024
Frequently Asked Questions
What is a stake in a company?
A stake in a company refers to the ownership interest or share that an individual or entity holds in that company, typically represented as a percentage of total shares.
What is BT Group?
BT Group is a British multinational telecommunications company that provides broadband, landline, digital television, and mobile services in the UK and globally.
What is Altice UK?
Altice UK is a telecommunications company and a major shareholder in BT Group, involved in providing various communication services and infrastructure.
What is a telecommunications firm?
A telecommunications firm is a company that provides services related to communication over distances, including internet, phone, and television services.
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