Finance

BT says record fibre take-up in third quarter keeps it on track

Published by Global Banking & Finance Review

Posted on January 30, 2025

1 min read

· Last updated: January 26, 2026

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BT announces record fibre network connections growth in Q3 2023 - Global Banking & Finance Review
The image illustrates BT's significant growth in fibre network connections, highlighting the company's report of 472,000 new connections in Q3 2023, crucial for its financial outlook.
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LONDON (Reuters) - BT, Britain's biggest mobile and broadband operator, said it added a record 472,000 connections to its growing fibre network in its third quarter, underpinning its confidence that

BT Achieves Record Fibre Connections in Third Quarter Growth

LONDON (Reuters) - BT, Britain's biggest mobile and broadband operator, said it added a record 472,000 connections to its growing fibre network in its third quarter, underpinning its confidence that it will meet its full-year profit expectation.

The company on Thursday reported adjusted core earnings of 2.1 billion pounds ($2.61 billion) for the three months to end-Dec, up 4% year-on-year, on revenue of 5.2 billion pounds, down 3%.

($1 = 0.8042 pounds)

(Reporting by Paul Sandle; editing by Sarah Young)

Key Takeaways

  • BT added 472,000 fibre connections in Q3.
  • The company reported £2.1 billion in adjusted core earnings.
  • Revenue for the quarter was £5.2 billion, down 3%.
  • BT remains confident in meeting full-year profit expectations.
  • The report was edited by Sarah Young.

Frequently Asked Questions

How many connections did BT add to its fibre network?
BT added a record 472,000 connections to its growing fibre network in its third quarter.
What were BT's adjusted core earnings for the third quarter?
BT reported adjusted core earnings of 2.1 billion pounds ($2.61 billion) for the three months to end-December.
How did BT's revenue change in the third quarter?
BT's revenue was 5.2 billion pounds, which represents a 3% decline year-on-year.

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