Monday, 21 August 2017

BT reports 9% rise in annual profit, plans to invest £6bn in fibre, 4G

By Total Telecom staff
Thursday 05 May 16

BT CEO hailed 2015/16 as a 'landmark' year and said integration of EE was going well.

BT reported a 9% rise in adjusted pre-tax profits to £3.47 billion in its fiscal year to 31 March, helped by stronger demand for its broadband and TV services and the acquisition of EE in January. Adjusted EBITDA increased by 5% to £6.58 billion, including £261 million from EE, while adjusted revenue was 6% higher at £18.9 billion…

BT reported a 9% rise in adjusted pre-tax profits to £3.47 billion in its fiscal year to 31 March, helped by stronger demand for its broadband and TV services and the acquisition of EE in January. Adjusted EBITDA increased by 5% to £6.58 billion, including £261 million from EE, while adjusted revenue was 6% higher at £18.9 billion…

Please login or register to view this content

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry