Drahi’s increased BT stake gets UK government blessing

Speculation over BT’s future can begin again in earnest after Altice’s stake-building was given the all-clear from the UK government.
French telco group Altice – controlled by billionaire Patrick Drahi – set tongues wagging last December when it increased its shareholding in the incumbent to 18 percent from 12.1 percent. In the post-Huawei scaremongering era, foreign involvement in UK critical infrastructure attracts government scrutiny like never before. Ergo in May, Bus