UK may block billionaire Sunil Bharti Mittal from raising stake in telecom giant BT: Report
The UK government would oppose any attempt by Sunil Bharti Mittal to increase his stake in telecoms group BT in order to maintain sovereign control over “critical national infrastructure”, the Financial Times reported, citing sources.
The stance will limit the billionaire’s influence over BT, whose broadband infrastructure arm Openreach provides fibre broadband to more than 22 million homes in Britain.
