LONDON, July 31 (Reuters) - BT, Britain's biggest
broadband and mobile operator, reported a 7% drop in both
revenue and core earnings in its first quarter after the
COVID-19 pandemic impacted its BT Sport television revenue and
reduced demand from business customers.
The company said on Friday it expected to produce adjusted
core earnings between 7.2 billion pounds ($9.5 billion)and 7.5
billion pounds on 5-6% lower revenue for its 2020/21 finiancial
year.
($1 = 0.7615 pounds)
(Reporting by Paul Sandle; editing by Kate Holton)
BT (BT.A)
