Bharti Enterprises to acquire a 24.5% stake in BT Group from Altice for $4bn.

Bharti Enterprises, an Indian multinational conglomerate, agreed to acquire a 24.5% stake in BT Group, a telecommunication and network provider, from Altice, a cable, telecommunications, and media company, for $4bn. “I’ve been watching BT for long, long years, it’s a company which has a glorious past, has national status, has this tremendous amount of physical infrastructure in the UK. I hope that I can add some value to their thinking. This is not a stock market operation and we are not in this for making a buck,” Sunil Bharti Mittal, Bharti Enterprises Chairman.