BT Group resumes negotiations for international unit sale
BT Group is reviving talks with AT&T and Orange to sell or partner its international unit. The move aims to refocus resources on the competitive UK market.
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BT GROUP PLC is reviving talks to sell or partner its international business a year after halting negotiations, Sky News reported on May 15. The United Kingdom telecom leader aims to exit non-core assets to focus on its domestic market. Divesting the unit would free up capital for CEO Allison Kirkby to defend market share against smaller rivals.
