Altice takes 12.1% stake in BT due to ‘compelling’ full-fibre opportunity
French telecoms giant Altice has taken a 12.1 percent stake in BT to become the company’s largest stakeholder. Altice, a company owned by billionaire Patrick Drahi, has established a UK subsidiary for the purposes of holding a stake in BT. Despite acquiring such a sizable stake in BT, Altice UK says that it does not…