Attractive buy, good long-term investment: Sunil Mittal on Bharti's stake acquisition in BT
Bharti Enterprises Chairman Sunil Mittal has deemed acquiring a 24.5% stake in BT Group as a "good, long-term investment" and an "attractive buy", citing the company's strong portfolio of home broadband, fibre, mobile and enterprise offerings. Mittal expressed confidence in BT's investment and business prospects and said that while the priority is to understand the company and the UK market in-depth, he would be open to more opportunities in Europe in the future.
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