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BT Q4 and full year 2011/12 results: workmanlike - Venture Insights

Report Overview

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BT Q4 and full year 2011/12 results: workmanlike

PublisherEnders Analysis.
Publish Date May 14, 2012
Sector Fixed Line (Internet and Voice).
Company BT.

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Continuing strong cost control enabled BT to meet its annual guidance for the third year running Underlying cash flow growth continues to be compromised by the impact of LLU and IP on BT Wholesale, with fibre deployment providing only limited defence BT is proving adept at survival in a hostile environment, but further gains will continue to be modest and hard won.