Bharti Group Bigwigs Take Seat on BT Board as Non-Execs
Bharti Global acquired a 24.5% stake in BT for around £3.6 billion, aiming to influence BT's UK-focused strategy under CEO Allison Kirkby, said BT Chairman Adam Crozier.
- On 15 September 2025, BT Group announced that Sunil Bharti Mittal and Gopal Vittal have been appointed as non-executive directors on its board, representing the company’s significant shareholding interest.
- Their appointments follow Bharti Global's purchase of a 24.5% stake in BT in August 2024, made under a relationship agreement between the two companies.
- Adam Crozier, BT chairman, expressed his pleasure in welcoming the two new board members, highlighting the valuable expertise and international insights they offer to BT’s leadership in the telecommunications sector.
- Following the announcement, the stock fell by 3.5% within the first hour of trading, despite having gained approximately 20% since Bharti's acquisition of its stake in 2024.
- Mittal expressed his intent to work with BT management to advance market strategy while noting challenges like competition, debt, and political opposition.
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Sunil Mittal, Gopal Vittal Join Board of BT Group
Sunil Bharti Mittal, founder and chairman of Bharti Enterprises, along with Gopal Vittal, Vice Chairman and Managing Director (MD) of Airtel, have joined the board of BT Group. British Telecom (BT) Group is a major telecom and IT services company headquartered in London, England. This move comes after Mittal’s conglomerate acquiring 24.5% stake in BT Group for about $4 billion in becoming the single-largest shareholder in the telecom company. …
Airtel Africa Directors Appointed To BT Group Board
Airtel Africa Plc has announced that its Chairman, Sunil Bharti Mittal, and Non-Executive Director, Gopal Vittal, have been appointed as non-independent non-executive directors of BT Group Plc, effective September 15, 2025. The appointments strengthen Airtel Africa’s representation at the board level of the UK-based telecommunications giant. According to the company’s disclosure, there are no matters […] The post Airtel Africa Directors Appointe…
Why Is BT Stock Declining and What's the Path to Recovery?
BT Group plc (LSE: BT.A) has been one of the best-performing stocks at the LSE for most of the period 2025. As of this writing, BT stock price has risen by about 40% this year and given patient investors a total return of more than 45%, including dividends. However, since late August, the telecom giant’s stock has been on a general downtrend. It went from a high of about 217p on August 27 to about 200p by mid-September, a drop of about 8%. This …
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