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BT Q3 2010/11 results: BTGS on the level; fibre investment continues to impact group - Venture Insights

Report Overview

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BT Q3 2010/11 results: BTGS on the level; fibre investment continues to impact group

PublisherEnders Analysis.
Publish Date February 7, 2011
Sector Fixed Line (Internet and Voice).
Company BT.

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BT Global Services is generating cash ahead of schedule and the company’s strategy for defending the core business is gaining traction

Group performance continues to be affected by increased capital expenditure due to investment in next generation access

The company is on track to meet guidance, although prospects for further upside remain limited