BT reported revenue of 10.3 billion British pounds (12 billion euros) for the six months to September 30th, down 3% year-on-year, "primarily due to ongoing legacy product declines, the impact of prior year divestments and foreign exchange." BT said these factors were "partially offset by stronger recurring BT Sport revenue as a result of the easing of lockdown restrictions, and higher rental bases in fibre-enabled products and Ethernet."
BT said revenue grew in Openreach (5%), was flat in Consumer, but declined in Enterprise (-5%) and Global (-14%) as a result of challenging market conditions. But excluding the impact of divestments and foreign exchange movements, revenue declined by just 5% to 1.65 billion pounds in the Global division.
In the third quarter of 2021, BT's revenue was down 2% to 5.2 billion pounds, as the performance of its Global division improved. The company said it is "continuing discussions regarding the future of BT Sport." Source: BT statement
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