Bharti Global to Acquire 24.5% Stake in BT Group

Bharti Global, the international investment arm of Bharti Enterprises, is set to acquire a 24.5% stake in the British telecom giant BT Group plc for approximately $4 billion. The shares will be purchased through Bharti Televentures UK Ltd, a wholly owned subsidiary of Bharti Global. The deal signifies a major expansion of Bharti’s global telecom ambitions and is expected to enhance India-UK bilateral relations.

Details of the Deal

Initial Purchase: Bharti Global will first acquire a 9.99% stake in BT Group from Altice UK S.à r.l.

Regulatory Clearance: The remaining 14.51% stake will be purchased following necessary regulatory approvals.

Strategic Significance

Historical Ties: This acquisition deepens a two-decade-long relationship between Bharti and BT, which began in 1997 when BT acquired a 21% stake in Bharti Airtel.

Technological Synergies: The move is expected to foster collaboration in AI, 5G research and development, and core engineering, potentially driving advancements in telecom technologies.

Broader Impact

Bilateral Relations: The investment aligns with the Indian government’s vision for stronger international partnerships and supports the recent UK-India Technology Security Initiative.

Economic Ties: This acquisition aims to strengthen economic and technological cooperation between India and the UK, solidifying their strategic partnership.

Piyush Shukla

Recent Posts

World Oceans Day 2025 Date, Theme, Significance, Threat

Every year on June 8, the world observes World Oceans Day, a United Nations-recognized event…

2 days ago

Muhammad Waseem and Chloe Tryon Named ICC Players of the Month for May 2025

The International Cricket Council (ICC) has honoured Muhammad Waseem of the United Arab Emirates (UAE)…

2 days ago

David Beckham to Be Knighted in King Charles III’s Birthday Honours

Football icon David Beckham is expected to be knighted next week as part of King…

2 days ago

RBI Raises Gold Loan LTV Ratio to 85% for Loans Below ₹2.5 Lakh

The Reserve Bank of India (RBI) has announced a major revision in its gold loan…

2 days ago

PM Modi to Attend G-7 Summit in Canada, Signaling Thaw in Bilateral Ties

Prime Minister Narendra Modi will travel to Canada next week to participate in the G-7…

2 days ago

800-Year-Old Pandya Era Shiva Temple Unearthed in Tamil Nadu

An important archaeological discovery has been made in Udampatti village of Melur taluk, Tamil Nadu,…

2 days ago