Mexican billionaire Carlos Slim's firm, Inversora Banco Azteca, acquired a 3.2% stake in BT Group Plc.

Mexican billionaire Carlos Slim's investment firm, Inversora Banco Azteca, disclosed a 3.2% stake in BT Group Plc, a British telecom company. This move highlights Slim's interest in BT's growth and signals a potential strategic move to expand his reach into international markets. BT shares have risen 4.7% this year due to CEO Allison Kirkby's efforts to cut costs and improve company performance.

June 12, 2024
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