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India's Bharti Enterprises to become largest BT shareholder

BENGALURU -- Indian conglomerate Bharti Enterprises said Monday it plans to buy a 24.5% stake in BT, becoming the British telecom company's largest shareholder.

Bharti Enterprises, which owns India's second-largest mobile operator Airtel, will buy out the BT stake held by European telecom and mass media company Altice.

Read more on asia.nikkei.com