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BT says on track after first-half earnings dip 3%

Thu, 31st Oct 2019 07:04

LONDON, Oct 31 (Reuters) - BT, Britain's biggest
broadband provider, said it had met earnings expectations for
the first half, underpinning its target to roll out gold
standard fibre broadband to 4 million premises by March 2021.

The company reported revenue of 11.47 billion pounds
($14.83 billion), down 1% on Thursday, reflecting the impact of
regulation and declines in legacy products, and adjusted core
earnings of 3.92 billion pounds, down 3%.

($1 = 0.7735 pounds)
(Reporting by Paul Sandle; editing by Kate Holton)

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