UK may stop billionaire Sunil Bharti Mittal to increase his ownership stake in telecom major BT: Report
The British government would thwart any attempt by Indian billionaire Sunil Bharti Mittal to raise his stake in telecom company BT, citing the need to uphold sovereign control over “critical national infrastructure”, according to media reports.
This will reduce the billionaire’s power over BT, whose Openreach broadband infrastructure division serves over 22 million British homes with fiber broadband.
