BT results show strong second quarter

Colm O'Neill, BT Ireland
Pictured: Colm O'Neill, BT Ireland

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30 July 2015 | 0

BT has released its second quarter combined results for the UK and island of Ireland. Total revenue for the quarter was £4.2bn, a decline of 2% over the first quarter of 2015. Profit before tax was £694 million, up 9% on the first quarter.

Colm O’Neill, managing director, BT Corporate UK and Ireland (pictured), said: “Today’s results signal a strong start to the year for our all-island operation with both revenue and profit growth in a very competitive market.

“In the Republic of Ireland, we’ve seen significant growth in our business sales revenue as Ireland’s expanding MNC market continues to seek out BT’s unique global networking capability. In Northern Ireland the fibre broadband market continues to grow steadily with around 220,000 homes and businesses now enjoying high-speed fibre broadband access.”

The telco plans to expand its content offering later this year by launching a European sports channel free to existing customers broadcasting in 4K.

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