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BT Q2 2010/11 results: digging in - Venture Insights

Report Overview

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BT Q2 2010/11 results: digging in

PublisherEnders Analysis.
Publish Date November 14, 2010
Sector Fixed Line (Internet and Voice).
Company BT.

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Group performance to September was affected by increased investment in fibre and other defensive measures, as expected.

Despite strong retail broadband subscriber growth, the core business remains under siege. High speed broadband should eventually provide an effective defence, but not much more.

The Global Services turnaround is continuing, and further progress at GS supported by improving stability in the rest of the group should enable new guidance to be met.