BT posts revenues of $6.8 billion in fiscal Q3
BT reported third-quarter revenue of £5 billion (about $6.8 billion), down 4% year over year. The drop came mainly from lower service and equipment sales and the impact of divestments. Profit before tax fell 11% to £862 million.
On the network side, BT said it has now passed 21.4 million premises with fiber-to-the-premises (FTTP), marking the eighth straight quarter in which it has added more than 1 million premises. The company highlighted the continued expansion of its fiber footprint even as its top line and profit came under pressure.
More from Business
Veon has announced several senior management changes aimed at tightening execution in its operating markets and accelerating its push into digital and...
Samsung is shifting part of its screen sourcing for mid-range phones from its in-house display arm to a Chinese supplier. A report from Korea says Sam...
Fixed wireless provider Rise Broadband has changed its name to Rise Internet and updated its logo. According to the company, the rebrand is meant to u...
At MWC Barcelona 2026, Deutsche Telekom IoT executive Benjamin Bastians told Capacity TV that companies can no longer treat IoT connectivity as a back...
xAI has lost co-founder Zihang Dai, according to multiple US media reports, adding to a series of senior exits from Elon Musk’s AI start-up. Another c...
MTN Group says it has swung back to profit for the 2025 financial year and now serves more than 300 million customers across its markets. The operator...