Saudi Telecom Company said to be sniffing around Drahi's stake in BT Group, reports The Times
Thursday, 21 December 2023, 9:18 am
Dominic "Dom" Walsh, veteran business hack on The Times, began his market report with an intriguing line about how the Saudi Telecom Company is circling BT Group, the FTSE 100-listed telecoms giant.
According to Dom's report, the Saudi Telecom Company may be talking to Patrick Drahi about buying some or all of his shareholding in BT Group following a period in which the Switzerland-based telecoms billionaire has been accumulating a 25pc stake...