BT says on track after reporting 3% rise in Q1 earnings

LONDON, July 29 (Reuters) - Britain's BT reported a
better-than-expected 3% rise in adjusted first-quarter earnings
on Thursday, which it said reflected improved trading across
most of its business and underpinned its confidence it was on
the path to growth.

The company, which aims to build fibre connections to 25
million homes by the end of 2026, reported adjusted core
earnings of 1.87 billion pounds ($2.61 billion) on revenue of
5.07 billion pounds, down 3%, for the three months to end-June.

($1 = 0.7177 pounds)
(Reporting by Paul Sandle; editing by Sarah Young)