Altice acquired the British telecommunications company BT and became the largest shareholder.
In recent days, Altice has established a position in BT through a newly established local subsidiary.Financial Times write The French sold 12.1% of the shares for 2.3 billion euros.
Deutsche Telekom owns 12% of the shares.
Altis Pledged that in the next few months there will be no acquisition of the former state-owned company.
BT’s leadership stated in its response to the newspaper that it is open to investors who support long-term views. The core of which is the upgrade of broadband networks.
The French telecommunications company has broadband networks in France, Israel, Portugal and the United States. It also owns the advertising technology company Teads.
photo: SMS (cc)