Mexican billionaire Carlos Slim has taken a 3 per cent stake in BT after new chief executive Allison Kirkby unveiled her plans to turn around the UK telecoms group at its annual results last month.
The FTSE 100 company on Wednesday announced the position — worth about £400mn — which was taken by three companies controlled by the family of the tycoon.
Slim’s motive is unclear, but he joins other high-profile telecoms shareholders, including billionaire Patrick Drahi’s Altice and German group Deutsche Telekom.
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