Friday, 19 October 2018

BT's underlying revenue edges up, EE sales still falling

By Nick Wood, Total Telecom
Thursday 27 October 16

U.K. incumbent reports strong consumer broadband, mobile additions; pension deficit surges by £3.3 billion.

BT on Thursday reported a modest increase in underlying revenue and healthy growth in consumer broadband and mobile customers during its fiscal second quarter; however, EE's topline seemingly continued to fall. The U.K. incumbent's group revenue for the three months to 30 September came in at £6.01 billion (€6.74 billion), up 35% year-on-year thanks to the contribution from EE, which became part of BT in January. Excluding EE and transit…

BT on Thursday reported a modest increase in underlying revenue and healthy growth in consumer broadband and mobile customers during its fiscal second quarter; however, EE's topline seemingly continued to fall. The U.K. incumbent's group revenue for the three months to 30 September came in at £6.01 billion (€6.74 billion), up 35% year-on-year thanks to the contribution from EE, which became part of BT in January. Excluding EE and transit…

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