Altice increased its holding of shares in BT Group
Altice has announced that it has increased its holding of shares in UK operator BT Group to 24.50%.
Altice has raised its ownership in the renowned UK telecommunications company British Telecom (BT) Group plc from 18% to 24.5%. The transaction, which involved the acquisition of 650 million shares amounted to a total purchase of GBP960 million (US$1,189 million). Patrick Drahi is the controlling shareholder in Altice, which is the parent company of Israeli telecom Hot Telecommunications.
Country updates
-
-
May 22, 2023
Targa Telematics closed acquisition of Viasat Group
Targa Telematics Spa has announced the closing of the acquisition of 100% share capital of Viasat Group Spa (Viasat Group). The transaction was completed after receiving approval from the Antitr...
Read more -
May 22, 2023
Construction started for USD18 million fibre network connectivity project in UK
CityFibre has started the construction phase of their GBP15 million (US$18 million) project in the Norfolk seaside town of Great Yarmouth, UK.
Read more -
May 19, 2023
Project Expansion announced for fibre broadband network in Cornwall
Cornwall-based Altnet provider Wildanet has announced a major expansion into Devon for its gigabit-capable broadband network in Cornwall, UK. Wildanet is expanding its high-speed internet servic...
Read more -
May 11, 2023
Site Acquired for Student Housing Project in Wembley
Greystar Real Estate Partners, LLC (Greystar) has acquired a site at Wembley Park from Quintain to build a 20-storey student accommodation comprising 770 beds alongside 7,480 sq. ft. of...
Read more -
April 26, 2023
Contract awarded for Scottish Wide Area Network (SWAN) project
The NHS National Services Scotland (NSS) has awarded a GBP350 million (US$435 million) fiber and mobile connectivity contract to BT to deliver public sector connectivity across the country. BT's...
Read more
