Altice completed the acquisition of a 6% stake in BT Group.

Altice, a cable, telecommunications, and media company, completed the acquisition of a 6% stake in BT Group, a telecommunication and network provider and a provider of global communications services. Financial terms were not disclosed. “We are pleased to take this opportunity to increase our shareholding in BT. Over recent months we have engaged constructively with the board and management of BT and look forward to continuing that dialogue," Patrick Drahi, Altice CEO.