Tuesday, 26 September 2017

Consumer business lifts BT's Q2 numbers

By Mary Lennighan, Total Telecom
Thursday 30 October 14

U.K. telco reports 17.3% increase in broadband and TV revenues as customers grow.

Buoyed by premium sports content and fibre uptake, BT's consumer business was the key driver behind a solid fiscal second quarter for the U.K. incumbent. BT posted a 13% increase in profit to £563 million in the three months to the end of September, while EBITDA grew by 1% to £1.45 billion. The telco's revenue slid by 2% to &pound…

Buoyed by premium sports content and fibre uptake, BT's consumer business was the key driver behind a solid fiscal second quarter for the U.K. incumbent. BT posted a 13% increase in profit to £563 million in the three months to the end of September, while EBITDA grew by 1% to £1.45 billion. The telco's revenue slid by 2% to &pound…

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