0
General

BT CEO wants company to be more competitive as Q1 revenue, EBITDA fall

Friday 2 August 2019 | 11:08 CET | News
BT Group's reported and adjusted revenue fell 1 percent to GBP 5.63 billion in the first quarter to 30 June, with decreases in Consumer, Enterprise and Global. Adjusted EBITDA was GBP 1.96 billion, down 1 percent on lower revenues and higher spectrum fees and content costs, offset partially by reduction in costs from restructuring and transformation programmes. The full-year outlook has been maintained.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: BT
Countries: United Kingdom
::: add a comment
This article is part of dossier

Fibre


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ofcom proposes regulatory changes to support Openreach fibre, IP upgrade trials

Published 27 Nov 2019 15:34 CET | United Kingdom
UK regulator Ofcom is consulting on proposed regulatory changes to support Openreach trials in Salisbury and Mildenhall. The ...

BT opens expanded Madrid cybersecurity hub

Published 24 Sep 2019 10:39 CET | Spain
BT has officially opened its expanded Madrid Cyber Security Operations Centre (Cyber SOC) in the northern suburb of Las Tablas. ...

Openreach full-fibre network roll-out in Salford reaches 45,000 premises

Published 10 Sep 2019 11:12 CET | United Kingdom
Openreach confirmed that over 45,000 homes and businesses in Salford can now access ultrafast broadband speeds of up to 1 Gbps ...

BT delivers CloudSIEM system for Australian insurance provider icare

Published 05 Sep 2019 10:59 CET | Australia
BT Global Services has signed a contract with icare, regional provider of insurance and care services in New South Wales, ...

UK govt launches competition to boost conference centre broadband

Published 16 Aug 2019 10:59 CET | United Kingdom
UK Tourism Minister Rebecca Pow has launched a competition to boost broadband facilities in conference centres across the ...

BT pays GBP 3.73 million administrative charge to Ofcom

Published 15 Aug 2019 10:49 CET | United Kingdom
UK regulator Ofcom confirmed that it has received a payment of GBP 3.73 million from BT to cover administrative charges paid by ...

BT to delist from NYSE and terminate ADR programme

Published 14 Aug 2019 18:06 CET | United States
BT Group has announced plans to delist from the New York Stock Exchange (NYSE) and terminate the ADR programme. It also plans to ...

More Leicestershire premises to get fibre broadband access

Published 13 Aug 2019 18:45 CET | United Kingdom
Leicestershire County Council in the UK has announced a GBP 2.7 million extension to the Superfast Leicestershire broadband ...

BT completes Ethernet technology trial between Dublin and London

Published 30 Jul 2019 11:17 CET | Ireland
BT Ireland, together with BT Group colleagues, has completed a 400 Gbps/Ethernet technology trial between Dublin and Ireland ...

BT Sport signs up Van Persie as on-screen analyst

Published 26 Jul 2019 10:33 CET | United Kingdom
BT Sport has signed Netherlands and Premier League football player Robin Van Persie as one of its presenters for the 2019/20 ...

BT instals 5G network at Royal Welsh showground

Published 26 Jul 2019 10:24 CET | United Kingdom
BT said it has installed 5G at the Royal Welsh Agricultural Show's site in Llanelwedd in central Wales. The hundredth Royal Welsh ...

BT chooses Ubuntu for core 5G network virtualisation

Published 24 Jul 2019 12:37 CET | United Kingdom
BT selected Charmed OpenStack cloud-based software on the Ubuntu open-source operating system as a key component for its core 5G ...

BT agrees legal services partnership with DWF

Published 24 Jul 2019 12:00 CET | United Kingdom
BT entered into a partnership with global legal business DWF on the provision of legal support for claims and real estate ...

BT mulling sale of entire LatAm business - report

Published 23 Jul 2019 14:53 CET | Latin America
A sale of BT's Latin American business could raise "hundreds of millions of pounds", according to the report, and would mean ...