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Evening Standard

National

Henry Saker-Clark

BT shares slip after Indian billionaire Mittal takes board seats

BT Sunil Bharti Mittal Adam Crozier Gopal Vittal BT Group

BT shares dipped after billionaire shareholder Sunil Bharti Mittal joined its board (BT Group/PA) - (PA Media)

Shares have dipped in BT after it said Indian billionaire Sunil Bharti Mittal and one his close executives will join the board of the UK telecoms giant.

The company’s shares fell by around 3% in early trading as shareholders took the move as a signal that Mr Mittal will increase his influence on the direction of the firm.

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