Friday, August 14, 2009

BT Sales Slip 3%

BT said at the end of last month that its underlying revenue fell 3% year-on-year in the quarter ending June 30 to 5.24 billion pounds (8.66 billion US dollars), as sales continued to decline in its domestic retail and wholesale businesses.

BT said it continues to expect a decline of between 4% and 5% in revenue in the year ending March 31, 2010. source: BT statement

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