About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Tuesday, January 31, 2017

BT Leans Heavily on Consumer Growth

BT Group expects its underlying revenue to be broadly flat in the year ending March 31, 2018. For the quarter ending December 31, 2016, BT reported that underlying revenue fell 1.5% to 6.13 billion UK pounds (7.69 billion US dollars). That figure was dragged down by a 7% decline in revenue in BT Global Services, which is under investigation in Italy.

In the UK consumer market, BT reported a 4% year-on-year rise in revenues thanks to 83,000 broadband net adds and 52,000 TV net adds. BT said its "consumer 12-month rolling ARPU" increased 8% to 39.4 pounds per month driven by broadband, BT Sport and BT Mobile. EE, the newly-acquired mobile operation, increased revenues by 2%. source: BT statement

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