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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 56
Public asset : 6,939,780,646 USD
Biography : Founder of Altice SA, Altice Europe NV, Altice UK SARL and Altice International SARL, Patrick Drahi

Changes Expected at BT Following Drahi's Stake Buildup, Deutsche Telekom CEO Says -Bloomberg

09/07/2021 | 05:10am EDT

--Deutsche Telekom AG's Chief Executive Tim Hoettges says there will be changes at BT Group PLC after billionaire Patrick Drahi took a 12.1% stake in the U.K. telecommunications company, Bloomberg reports, citing comments made during a conference call.

--"In the next 12 months something is going to happen there around this asset because the shareholder side is changing rapidly," Mr. Hoettges said during the call.

--Deutsche Telekom about 12% of BT Group, according to FactSet.

Full story: https://bloom.bg/3nho4Ay

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

09-07-21 0710ET

Stocks mentioned in the article
ChangeLast1st jan.
BT GROUP PLC 5.95% 143.25 Delayed Quote.2.23%