Changes Expected at BT Following Drahi's Stake Buildup, Deutsche Telekom CEO Says -Bloomberg
07 September 2021 - 1:25PM
Dow Jones News
--Deutsche Telekom AG's Chief Executive Tim Hoettges says there
will be changes at BT Group PLC after billionaire Patrick Drahi
took a 12.1% stake in the U.K. telecommunications company,
Bloomberg reports, citing comments made during a conference
call.
--"In the next 12 months something is going to happen there
around this asset because the shareholder side is changing
rapidly," Mr. Hoettges said during the call.
--Deutsche Telekom about 12% of BT Group, according to
FactSet.
Full story: https://bloom.bg/3nho4Ay
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
September 07, 2021 07:10 ET (11:10 GMT)
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