New Delhi, August 12: Bharti Global, the international investment arm of Bharti Enterprises, on Monday said it has reached an agreement to acquire a 24.5 per cent stake in the UK telecommunications giant BT Group for an estimated $4 billion. The shares will be purchased through Bharti Televentures UK 슬롯사이트� a company established and wholly-owned by Bharti Global.

The company will acquire shares from French telecom tycoon Patrick Drahi-founded Altice UK, making Bharti as the British telco's largest shareholder, it said in a statement. 슬롯사이트œBharti and British Telecom (BT) have an enduring relationship going back more than two decades wherein BT owned 21 per cent stake along with two board seats in Bharti Airtel Limited from 1997-2001,슬롯사이트� said Sunil Bharti Mittal, Chairman of Bharti Enterprises. 슬롯사이트œToday marks a significant milestone in Bharti Group슬롯사이트™s history as we invest in BT - an iconic British Company.슬롯 머신 사이트 추천Gaming Company Krafton Acquires Tokyo-Based Game Studio Tango Gameworks for Undisclosed Sum.

This investment in BT aims to support the commitment of our Prime Minister Narendra Modi towards his vision in elevating and broadening the India-UK ties,슬롯사이트� Mittal added. Bharti Enterprises said the investment will further help create new synergies in the telecom sector between India and UK in the areas of artificial intelligence and 5G, research and development and core engineering, among others.

슬롯사이트œWe believe that BT is poised for leadership in the telecom arena, especially home broadband services,슬롯사이트� said Shravin Bharti Mittal, Managing Director of Bharti Global. Bharti Global has several major investments in Britain, including OneWeb, a space communications company which got merged with Eutelsat in 2023.슬롯 머신 사이트 추천MapmyIndia CEO Rohan Verma Calls Ola Maps 슬롯사이트˜Gimmick슬롯사이트� and Questions Its Navigational Abilities, Ola Spokesperson Fires Back Calling Statement As 슬롯사이트˜Baseless슬롯사이트�.

슬롯사이트œThis scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy," said BT Group CEO, Allison Kirkby. Mittal added that Bharti슬롯사이트™s own record of owning and operating telecom and broadband networks around the world is underpinned by placing customers, digital innovation and operational efficiency at the heart of its business.

(The above story first appeared on LatestLY on Aug 12, 2024 02:58 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).