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BT Q3 2014/15 results: Fibre evolves - Venture Insights

Report Overview

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BT Q3 2014/15 results: Fibre evolves

PublisherEnders Analysis.
Publish Date February 2, 2015
Sector Fixed Line (Internet and Voice), Telecom.
Company BT, SKY, TalkTalk.

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BT Group revenue growth dropped to -1%, but entirely due to one-off factors, with its consumer division accelerating underlying growth and roughly maintaining broadband net adds share.

Fibre net adds had a record quarter, driven by growth at Sky/TalkTalk et al, and BT is trialing the next generation of high speed broadband which could sustain profitable wholesale revenue growth for years to come.

Upcoming developments over consolidation, quad play and sport rights are likely to continue to dominate the headlines, but it is growing capacity demand and BT’s ability to meet this that will drive BT’s long term value.