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BT Q1 2011/12 results: marking time - Venture Insights

Report Overview

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BT Q1 2011/12 results: marking time

PublisherEnders Analysis.
Publish Date August 2, 2011
Sector Fixed Line (Internet and Voice).
Company BT.

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BT reported another quarter of strong growth in broadband volume, helped by high competitor churn and accelerating take up of the Infinity high speed broadband service

But broadband volume growth did not feed through to financial performance at BT Retail, Global Services remained stuck in low gear and BT Wholesale performance weakened further

The company should make its guidance for the year to March, but evidence that it will do more than the minimum remains elusive