French telco tycoon Patrick Drahi ups Altice UK's stake in BT to 18%, says he is not planning a takeover... at least not yet

UK.gov talks tough: 'We will not hesitate to act if required to protect our critical national telecoms infrastructure'

Billionaire telco tycoon Patrick Drahi has upped his stake in BT to 18 per cent but says he is not intending - at least not yet - to launch a full-blown bid to buy the business, a move the UK government warned it may thwart anyway....