BT ready to play part in fibre roll-out, on track after Q1

BT ready to play part in fibre roll-out, on track after Q1
Image Credit: Wikimedia
  • Country:
  • United Kingdom

BT, Britain's biggest broadband provider, said it was ready to play its part in achieving new Prime Minister Johnson's ambition to roll-out full-fiber across the country as it beat market expectations for first-quarter trading on Friday.

"On network investment, we welcome the government's ambition for full-fiber broadband across the country and we are confident we will see further steps to stimulate investment," Chief Executive Philip Jansen said.

BT reported first-quarter adjusted revenue of 5.63 billion pounds ($6.82 billion) and adjusted core earnings of 1.96 billion pounds, both ahead of analysts' consensus. ($1 = 0.8260 pounds)

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