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BT stock tumbles as government investigates Altice holding


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Under new powers, the UK government is investigating the recently acquired stake in BT by the private French telecoms business Altice. Last December Patrick Drahi’s Altice group raised its stake in BT from 12.1 to 18%.

The UK government is asking if this move breaches the National Security and investment Act passed last year.

 

 

 

 

 

 

 

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