Indian conglomerate Bharti Global has agreed to snap up Altice's 24.5 percent stake in UK telco giant BT. Bharti is buying the stake off Patrick Drahi, the founder of struggling French telco Altice.

(Bloomberg) -- Altice International is pushing back against creditor demands for more information about its recent transactions in the first written exchange since the telecom operator moved its ...

Altice France is reportedly considering giving secured creditors a stake in the company in return for them taking a hit on the value of their debt holdings. As reported by Bloomberg, debtholders could ...

India-based Bharti Global has received approval from the UK government to acquire a 24.5% stake in British telecom giant BT Group PLC (GB:BT.A). Initially announced in August, the deal saw Bharti ...

BT Group shares rose, leading the FTSE 100 index risers, after Bharti Global agreed to buy a 24.5% stake in the U.K. telecom group from Patrick Drahi’s Altice UK through its wholly owned subsidiary.

Altice-USA added 47,000 new fiber customers and 36,000 new mobile lines, bringing the totals to 482,000 and 420,000 respectively. Despite this positive growth, TD Cowen has reduced its price target ...

LONDON (Reuters) -Telecoms tycoon Patrick Drahi is looking to increase his stake in BT Group as he seeks to extend his influence at the British company, betting its fibre-optic rollout will boost ...