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
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 30, 2025
1 min readLast updated: January 26, 2026
BT added a record 472,000 fibre connections in Q3, reporting £2.1 billion in earnings, and remains on track for its profit goals.
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)
BT added a record 472,000 connections to its growing fibre network in its third quarter.
BT reported adjusted core earnings of 2.1 billion pounds ($2.61 billion) for the three months to end-December.
BT's revenue was 5.2 billion pounds, which represents a 3% decline year-on-year.
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