Bharti Global, the international investment arm of Bharti Enterprises, will acquire about 24.5 per cent stake in BT Group from Altice UK, according to a release on Monday.

The shares will be purchased through Bharti Televentures UK -- a company established and wholly-owned by Bharti Global.

"Bharti Global, the international investment arm of Bharti Enterprises, a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications, has reached an agreement to acquire an interest in 24.5 per cent of the issued share capital of BT Group plc from Altice UK," Bharti said.