The British government has approved Bharti Global’s purchase of a 24.5 per cent stake in BT, following a detailed national security assessment and assurances from the telecoms company.
This share purchase, valued at £3.2 billion, was made from Patrick Drahi’s Altice, based on terms outlined by Bharti Global in August 2024.
Further, to address national security concerns, BT will create a national security committee to oversee strategic operations that may affect the country’s security. The government indicated that this measure would help mitigate risks associated with BT’s role in supporting state telecommunications initiatives and ensuring national cybersecurity.
