BT Group shareholder sells $224 million stake in offering

TL;DR
BT Group shareholder Altice UK sold a stake worth about $224 million in the telecom company through a share offering, according to the reported transaction.

Altice UK sold a substantial position in BT Group in a share offering valued at about $224 million, according to a report published by The Economic Times on July 10, 2025. The report identifies the transaction as a sale by a BT shareholder rather than a BT Group capital raise.

BT Group was also involved in a separate corporate development late last month, when BT and Verizon announced plans to combine their international enterprise operations into a 50:50 joint venture. The companies said the venture would focus on multinational clients.

BT and Verizon said the planned joint venture would bring together about $4 billion in combined annual revenue from their international enterprise operations. The source excerpt does not provide further details on the share sale terms, including the number of shares sold or the final pricing.

Related questions

• Who sold the $224 million BT Group stake?
• What did BT and Verizon announce late last month?
• How much annual revenue will the BT-Verizon joint venture combine?