--Deutsche Telekom AG's Chief Executive Tim Hoettges says there will be changes at BT Group PLC after billionaire Patrick Drahi took a 12.1% stake in the U.K. telecommunications company, Bloomberg reports, citing comments made during a conference call.

--"In the next 12 months something is going to happen there around this asset because the shareholder side is changing rapidly," Mr. Hoettges said during the call.

--Deutsche Telekom about 12% of BT Group, according to FactSet.

 

Full story: https://bloom.bg/3nho4Ay

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 07, 2021 07:10 ET (11:10 GMT)

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