LONDON/PARIS — Telecoms billionaire Patrick Drahi has bought a 12.1% stake worth about 2.2 billion pounds ($3.1 billion) in BT Group, backing its ambition to build a nationwide fiber broadband network ...
The deal highlights a growing trend in the pay-TV industrylegacy cable operators like Altice are bleeding subscribers to streaming services, while content providers like Nexstar push for higher fees ...
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