All the updated news related to patrick drahi

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City

Investors wait to see cost-of-living impact on BT customers

Analysts in the City will be waiting nervously to see whether the cost-of-living crisis has seen an exodus in subscribers from telecoms giant BT when the company reveals its results on Thursday. US streaming rival Netflix said recently its own ...

06 May 2022 at 14:55

City

Government will not block billionaire Drahi’s 18% BT stake

French-Israeli billionaire Patrick Drahi will not be blocked from increasing his stake in telecommunications giant BT after a national security review ended with no further action. The company told shareholders that ministers will not demand ...

23 Aug 2022 at 09:04

City

Government to probe French billionaire’s BT stake over national security fears

Business Secretary Kwasi Kwarteng has told BT that the Government will examine French billionaire Patrick Drahi’s increased 18% stake in the company over national security concerns. Altice, Mr Drahi’s investment arm and the firm’s biggest ...

26 May 2022 at 09:06

City

Patrick Drahi ups stake in BT to nearly 25%, but says he has no takeover plans

French-Israeli billionaire Patrick Drahi has increased his stake in BT to almost 25%, but insisted he has no plans to make a takeover offer for the telecoms group. Altice UK, Mr Drahi’s telecoms investment group, said it had increased ...

23 May 2023 at 17:14

City

Indian telecoms giant Bharti to take 24.5% stake in BT

Indian conglomerate Bharti Global is poised to become a 24.5% shareholder in BT, buying French media giant Altice’s stake in the firm, it said on Monday. The business giant said it has entered into a binding agreement with Altice to ...

12 Aug 2024 at 09:54

City

BT investors to find out if Omicron absences hit broadband rollout

Investors in telecoms giant BT will be keen to hear whether the company’s full fibre broadband rollout was negatively affected by the Omicron surge over the festive period. Several companies have reported major staff shortages ...

28 Jan 2022 at 17:25

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