BT Approaches AT&T and Orange on International Unit Tie-Up, Sources Say

BT Group Plc has approached major telecommunications companies about partnerships to help turn around its struggling international business, according to people familiar with the matter.

The UK-based operator approached potential partners including AT&T Inc. and Orange SA to explore tie-ups that could involve selling a stake in its global segment, the people said, asking not to be identified because the discussions are private. Deliberations are preliminary and there’s no guarantee of a transaction, the people said.