Bharti’s BT buy a ‘confidence boost’ for FTSE 100 telecom giant telecoms Bharti Global’s decision to buy a large stake in BT from debt-laden Altice UK has been hailed as “confidence boosting” for the British telecom giant, according to analysts. BT shares surged over six per cent in early FTSE 100 trading following reports that the Indian telecom firm will acquire a 24.5 per cent stake from [...]
BT shares surge as traders bet giant has turned a corner Business BT Group's profit after tax plummeted 55 per cent after the British telecoms firm wrote down a significant chunk of its business.