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Finance

BT says record fibre take-up in third quarter keeps it on track

Published by Global Banking and Finance Review

Posted on January 30, 2025

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LONDON (Reuters) - BT, Britain's biggest mobile and broadband operator, said it added a record 472,000 connections to its growing fibre network in its third quarter, underpinning its confidence that it will meet its full-year profit expectation.

The company on Thursday reported adjusted core earnings of 2.1 billion pounds ($2.61 billion) for the three months to end-Dec, up 4% year-on-year, on revenue of 5.2 billion pounds, down 3%.

($1 = 0.8042 pounds)

(Reporting by Paul Sandle; editing by Sarah Young)