India’s Bharti steps in as BT’s new largest shareholder
BT Group reunited with 1990s partner, but this time as junior, with new India connection talked up. Investment anchored as ‘vote of confidence’ in CEO Allison Kirkby’s strategy. Road to regulatory approval appears relatively smooth. More on Altice retreat…
This article includes:
- Geographic: Abu Dhabi; Europe; France; India; Mexico; New Delhi; Portugal; UK.
- Organisations: ADQ; Altice International; Barclays Bank; Bharti Airtel; Bharti Enterprises; Bharti Global; Bharti Televentures UK; BlackRock; BT Group; Deutsche Telekom; Goldman Sachs; Linklaters; OneWeb (Eutelsat); Outbrain; Robey Warshaw; Sotherby’s; STC; Unbound; XpFibre.
- People: Allison Kirkby; Armando Pereira; Carlos Slim; David Lammy; Harmeen Mehta; Narendra Modi; Patrick Drahi; Philip Jansen; Shravin Bharti Mittal; Sunil Bharti Mittal; Timotheus Höttges.
- Themes: Broadband services; Debt; Engineering; Fibre network infrastructure; National security; Regulatory approvals; Satellites.
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