Altice Buys 12.1% of BT to Capitalize on Full-Fibre Opportunity
French telecoms group Altice has acquired a 12.1% stake in BT, making it the company’s largest shareholder. The purchase was made through a UK subsidiary established by Altice, which is controlled by billionaire Patrick Drahi. Altice UK has stressed that, despite the sizeable holding, it does not intend to launch a takeover bid for the … Read more