Bharti Enterprises acquires 24.5% stake in BT Group, expanding its global telecom presence
Acquiring Company
Bharti Enterprises
Acquired Company
BT
New Delhi
LondonHardwareTelecommunicationsHardwareSatellite CommunicationTelecommunicationsDescription
Bharti Enterprises, a global conglomerate, has entered into a strategic partnership by acquiring a 24.5% stake in BT Group Plc. This acquisition marks a significant milestone in Bharti's history and demonstrates its commitment to expanding its presence in the United Kingdom's established telecom market.
Quick answer
Bharti Enterprises is acquiring BT, announced August 13, 2024. Bharti Enterprises is based in New Delhi, Delhi, India.
- How much did Bharti Enterprises pay for BT?
- The deal value was not disclosed.
- What does Bharti Enterprises do?
- Bharti Enterprises is a leading global conglomerate with significant interests in telecom, agri-business, financial services, and manufacturing.
- Where are Bharti Enterprises and BT based?
- Bharti Enterprises is based in New Delhi, Delhi, India. BT is based in London, England, United Kingdom.
- Who are the decision-makers at Bharti Enterprises?
- Fundz holds 1 contact at Bharti Enterprises. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired BT?
BT was acquired by Bharti Enterprises, based in New Delhi. The deal was reported on August 13, 2024. Bharti Enterprises is a leading global conglomerate with significant interests in telecom, agri-business, financial services, and manufacturing. Bharti Enterprises is privately held and operates in Hardware.
When did Bharti Enterprises acquire BT?
Bharti Enterprises's acquisition of BT was reported on August 13, 2024. Bharti Enterprises, a global conglomerate, has entered into a strategic partnership by acquiring a 24.5% stake in BT Group Plc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BT do?
BT Group is one of the world’s leading communications services companies. The solutions we provide are integral to modern life, driven by a clear and ambitious purpose — we connect for good. It is privately held, operating in Hardware, and is based in London.
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