BT Group’s ROI revenue up 3% in third quarter

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Pictured: BT Ireland CEO Colm O'Neill. Source: BT

BT Group has reported a 2% increase in overall revenue to £4.6 billion for the company’s third financial quarter to 31 December 2013. Revenue for the nine months from March to December 2013 were flat at £13.5 billion

Although the company does not release exact figures for the Republic of Ireland, it did state that revenue in the territory grew by 3%.

Copmany highlights for the third quarter included the signing of a five-year deal with Ardagh group in December and the renewal of wholesale contracts with companies such as Colt Technology Services.

Colm O’Neill, chief executive officer, BT Ireland, said: “[These] results reflect a positive quarter for our BT Ireland business. We are continuing to challenge and succeed in the Republic of Ireland market by offering a unique IT services capability that is underpinned by our world class global network. On the wholesale side of our business, our extensive network investment continues to attract other communication service providers, enabling them to offer leading-edge fibre broadband technology to their customers.”

TechCentral Reporters

Read More: BT Results