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Record fibre demand and cost savings helps BT shore up earnings

Thu, 21st May 2026 07:18

LONDON, May ​21 (Reuters) - ⁠BT, Britain's ​biggest broadband and mobile ​company, ‌said it ⁠added 2.2 million ⁠fibre connections in ​the year to end-March, helping it ​offset ‌pricing pressure and weakness in its international ​unit to deliver ‌flat core earnings.

The company on Thursday ‌met market expectations with a 3% drop ​in revenue to £19.7 billion ($26.46 ‌billion) and flat core earnings of £8.2 ⁠billion, ⁠with the ‌latter also boosted ​by cost savings. ($1 = ​0.7445 ‌pounds) (Reporting by Paul Sandle; editing by Sarah Young)

Corporate News Telecommunications Technology BT

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