Bharti Global to acquire about 24.5 percent stake in BT Group from Altice UK
Bharti Global, the international investment arm of Bharti Enterprises, is set to acquire a 24.5% stake in BT Group from Altice UK. This investment, facilitated through Bharti Televentures UK, could be valued at around USD 4 billion. The acquisition aims to strengthen telecom synergies between India and the UK, particularly in AI and 5G R&D. This move marks a significant milestone in Bharti's long-standing relationship with BT, dating back over two decades.
![Bharti Global to acquire about 24.5 percent stake in BT Group from Altice UK](https://cdn.zeebiz.com/sites/default/files/2024/08/12/310990-bharti-airtel.jpg?im=FitAndFill=(1200,900))
Bharti Global Expands International Footprint with Major Investment in BT Group; Image | Pixabay