Bharti Enterprises completed the acquisition of a 24.5% stake in BT Group from Altice for $4bn.

Bharti Enterprises, an Indian multinational conglomerate, completed the acquisition of a 24.5% stake in BT Group, a telecommunication and network provider, from Altice, a cable, telecommunications, and media company, for $4bn. “We’re delighted to have completed our investment into BT. Bharti has long recognised the enormous potential of the business. BT’s renewed focus on optimisation, strengthening networks and driving consumer growth makes it well placed to consolidate its position as a leading global telecoms company that delivers long-term value for investors," Sunil Bharti Mittal, Bharti Enterprises Chairman.