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‘UK to block Mittal raising BT stake’

Mint Mumbai

|

May 29, 2026

The British government will oppose any attempt from Indian billionaire Sunil Bharti Mittal to raise his stake in telecom group BT, citing the need to maintain sovereign control over “critical national infrastructure”, the Financial Times reported on Thursday, citing people familiar with the matter.

Reuters could not immediately verify the report. BT, the UK government and Bharti did not immediately respond to requests for comment.

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